The budget should be balanced, the treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, assistance to foreign lands should be curtailed lest Rome become bankrupt, the mobs should be forced to work and not depend on government for subsistence.
Source, in full
reported in the Congressional Record (April 25, 1968), vol. 114, p. 10635; reprinted in U.S. News & World Report (July 29, 1968), p. 15, and in The Review of the News (June 30, 1971), p. 19. Reported as unverified and "almost certainly spurious" in Respectfully Quoted: A Dictionary of Quotations (1989). Also Eigen's Political & Historical Quotations uses this as the classic example of a "Phantom Quote" and provides a complete analysis of why it is bogus.