Home Search The American Presidency Project
John Woolley and Gerhard Peters Home Data Documents Elections Media Links
 
• Public Papers of the Presidents
• State of the Union
Addresses & Messages
• Inaugural Addresses
• Weekly Addresses
• Fireside Chats
• News Conferences
• Executive Orders
• Proclamations
• Signing Statements
• Press Briefings
• Statements of
 Administration Policy
• Economic Report of the President
• Debates
• Convention Speeches
• Party Platforms
• 2012 Election Documents
• 2008 Election Documents
• 2004 Election Documents
• 1960 Election Documents
• 2009 Transition
• 2001 Transition
Data Index
Audio/Video Index
Election Index
Florida 2000
Presidential Libraries
View Public Papers by Month and Year

INCLUDE documents from the Office of the Press Secretary
INCLUDE election campaign documents
Search the Entire Document Archive
Enter keyword: 


AND OR NOT
Limit by Year

From:
To    :

Limit results per page

INCLUDE documents from the Office of the Press Secretary

INCLUDE election campaign documents

Instructions
You can search the Public Papers in two ways:

1. Search by Keyword and Year
You can search by keyword and choose the range of years within your search by filling out the boxes under Search the Public Papers.

2. View by Month and/or Year
Select the month and/or year you would like information about and press View Public Papers. Then choose a Public Paper and the page will load for you.

Search Engine provided by the Harry S. Truman Library. Our thanks to
Jim Borwick and Dr. Rafee Che Kassim at Project Whistlestop for critical assistance in the implementation of the search function, and to Scott Roley at the Truman Library for facilitating this collaboration.
 
Dwight D. Eisenhower: Statement by the President Upon Signing Bill Establishing a New Limit on the Federal Debt.
Dwight
Dwight D. Eisenhower
219 - Statement by the President Upon Signing Bill Establishing a New Limit on the Federal Debt.
August 28, 1954
Public Papers of the Presidents
Dwight D. Eisenhower<br>1954
Dwight D. Eisenhower
1954
Font Size:
Print
 Report Typo
The American Presidency Project

Promote Your Page Too

I HAVE TODAY signed into law the bill establishing a new limit on the Federal debt.

The record of this Administration fully demonstrates its dedication to thoroughgoing economy and efficiency. Despite the great momentum toward increased government spending which has built up in the past, much progress has already been made in bringing the Federal budget into balance. It is our basic policy to continue this progress.

But in the present state of the world it is equally important to emphasize once again that the Federal Government must always be ready to assure our national security, to carry out its responsibilities under the Employment Act, and to fulfill its other obligations. An essential part of this preparedness is a debt limit high enough to permit the Treasury, if necessary, to borrow the funds required to carry out the Government's obligations under the Constitution and under the laws of the Congress.

The present bill permits a temporary increase of up to $6 billion in the Federal debt outstanding before the close of the current fiscal year. Although this provision may prove inadequate, it does allow some indispensable latitude in conducting the operations of the Federal Government during the current year and is an improvement over the existing situation. The Administration will make every possible effort to carry on the activities of the Government in accordance with this limit.


Note: As enacted the bill is Public Law 686, 83d Congress (68 Stat. 895).

The statement was released at Lowry Air Force Base, Denver, Colo.


Citation: Dwight D. Eisenhower: "Statement by the President Upon Signing Bill Establishing a New Limit on the Federal Debt.," August 28, 1954. Online by Gerhard Peters and John T. Woolley, The American Presidency Project. http://www.presidency.ucsb.edu/ws/?pid=10007.
Home         
© 1999-2015 - Gerhard Peters and John T. Woolley - The American Presidency Project
Locations of visitors to this page