When I announced in April of 1961 that this kind of comprehensive tax reform would follow the bill enacted this year, I had hoped to present it in an… - John F. Kennedy

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When I announced in April of 1961 that this kind of comprehensive tax reform would follow the bill enacted this year, I had hoped to present it in an atmosphere of a balanced budget. But it has been necessary to augment sharply our nuclear and conventional forces, to step up our efforts in space, to meet the increased cost of servicing the national debt and meeting our obligations, established by law, to veterans. These expenditure increases, let me stress, constitute practically all of the increases which have occurred under this administration, the remainder having gone to fight the recession we found in industry--mostly through the supplemental employment bill-and in agriculture. We shall, therefore, neither postpone our tax cut plans nor cut into essential national security programs. This administration is determined to protect America's security and survival and we are also determined to step up its economic growth. I think we must do both.

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About John F. Kennedy

John Fitzgerald Kennedy (29 May 1917 – 22 November 1963), often referred to by his initials JFK and Jack, was the 35th president of the United States (1961–1963), a United States senator from Massachusetts (1953–1960), and a United States representative (1947–1953). Kennedy served at the height of the Cold War, and the majority of his work as president concerned relations with the Soviet Union and Cuba. He is the older brother of Robert F. Kennedy and Ted Kennedy, and the first husband of Jacqueline Kennedy Onassis. He was shot in the presence of his wife in Dallas on November 22, 1963.

Also Known As

Birth Name: John Fitzgerald Kennedy
Also Known As: Jack
Alternative Names: Kennedy Jack Kennedy President Kennedy J. F. Kennedy JFK John Kennedy John Fitzgerald "Jack" Kennedy JF Kennedy John F Kennedy
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The peace-keeping machinery of the United Nations cannot work without the help of the smaller nations, nations whose forces threaten no one and whose forces can thus help create a world in which no nation is threatened. Great powers have their responsibilities and their burdens, but the smaller nations of the world must fulfill their obligations as well.

The mission is to create a new social order, rounded on liberty and justice, in which men are the masters of their fate, in which states are the servants of their citizens, and in which all men and women can share a better life for themselves and their children. That is the object of our common policy. To realize this vision, we must seek a world of peace — a world in which peoples dwell together in mutual respect and work together in mutual regard — a world where peace is not a mere interlude between wars, but an incentive to the creative energies of humanity. We will not find such a peace today, or even tomorrow. The obstacles to hope are large and menacing. Yet the goal of a peaceful world — today and tomorrow-must shape our decisions and inspire our purposes. So we are all idealists. We are all visionaries. Let it not be said of this Atlantic generation that we left ideals and visions to the past, nor purpose and determination to our adversaries. We have come too far, we have sacrificed too much, to disdain the future now. And we shall ever remember what Goethe told us — that the "highest wisdom, the best that mankind ever knew" was the realization that "he only earns his freedom and existence who daily conquers them anew."'''

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This is also our great opportunity in 1961. If we grasp it, then subversion to prevent its success is exposed as an unjustifiable attempt to keep these nations from either being free or equal. But if we do not pursue it, and if they do not pursue it, the bankruptcy of unstable governments, one by one, and of unfilled hopes will surely lead to a series of totalitarian receiverships.

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