We are called to honor our own words of reverent prayer with resolution in the deeds we must perform to preserve peace and the hope of freedom. We ke… - Lyndon B. Johnson

That tax bill has been thoroughly discussed for a year. Now we need action. The new budget clearly allows it. Our taxpayers surely deserve it. Our economy strongly demands it. And every month of delay dilutes its benefits in 1964 for consumption, for investment, and for employment. For until the bill is signed, its investment incentives cannot be deemed certain, and the withholding rate cannot be reduced-and the most damaging and devastating thing you can do to any businessman in America is to keep him in doubt and to keep him guessing on what our tax policy is. And I say that we should now reduce to 14 percent instead of 15 percent our withholding rate. I therefore urge the Congress to take final action on this bill by the first of February, if at all possible. For however proud we may be of the unprecedented progress of our free enterprise economy over the last 3 years, we should not and we cannot permit it to pause. In 1963, for the first time in history, we crossed the 70 million job mark, but we will soon need more than 75 million jobs. In 1963 our gross national product reached the $600 billion level--$100 billion higher than when we took office. But it easily could and it should be still $30 billion higher today than it is. Wages and profits and family income are also at their highest levels in history--but I would remind you that 4 million workers and 13 percent of our industrial capacity are still idle today. We need a tax cut now to keep this country moving.

Even if we end terror and even if we eliminate tension, even if we reduce arms and restrict conflict, even if peace were to come to the nations, we would turn from this struggle only to find ourselves on a new battleground as filled with danger and as fraught with difficulty as any ever faced by man. For many of our most urgent problems do not spring from the cold war or even from the ambitions of our adversaries. These are the problems which will persist beyond the cold war. They are the ominous obstacles to man's effort to build a great world society--a place where every man can find a life free from hunger and disease-a life offering the chance to seek spiritual fulfillment unhampered by the degradation of bodily misery.

Unless we act anew, with dispatch and resolution, we shall sanction a sad and sorrowful course for the future. For if the Fifteenth Amendment is successfully flouted today, tomorrow the First Amendment, the Fourth Amendment, the Fifth Amendment-the Sixth, the Eighth, indeed, all the provisions of the Constitution on which our system stands — will be subject to disregard and erosion. Our essential strength as a society governed by the rule of law will be crippled and corrupted and the unity of our system hollowed out and left meaningless.