the demanding needs of this nation. But in these budget ary matters, the President does not decide alone. The Congress has the power, and the duty, to determine appropriations and taxes. And the Congress is now conside our als, and they are considering reductions in the budget that we submitted As part of a program of fiscal restraint that includes the tax surcharge, I shall approve appropriate reductions in the January budget when and if Congress so decides thatthat should be done. One thing is unmistakably clear, however. Our deficit just must be reduced Failure to act could bring on conditions that would strike hardest at those people that all of us are trying so hard to help So these times call for prudence in this land of plenty. And i believe that we have the charact to provide it, and tonig ht I plead with the Congress and with the people to act promptly to serve the national interest and thereby serve all of our people Now let me give you my estimate of the chances for peace -the peace that will one day stop the bloodshed in South Vietnam; that will - all the Vietnamese people [will be permitted to rebuild and develop their land; that will permit us to tun more fully to our own tasks here at home. I cannot promise that the initiative that I have announced tonight will be completely successful in achieving peace any more than the 30 others that we have undertaken and agreed to in recent years. But it is our fervent hope that North vietnam, after years of fighting that has left the issue unresolved, will now cease its efforts to achieve a military victory and will join with us in moving toward the peace table And there may come a time when South Vietnamese -on both sides -are able to work out a way to settle their own differences by free political choice rather than by war. As Hanoi considers its course. it should be in no doubt of our intentions It must not miscalculate the pressures within our democracy in this election year. We have no intention of widening this w But the United States will never accept a fake solution to this long and arduous struggle and call it peace No one can foretell the precise terms of an eventual settlement. Our objective in South Vietnam has never been the annihil ation of the enemy. It has been to bring about a recognition in Hanoi that its objective -taking over the South by force -could not be achieved. We think that peace can be based on the geneva Accords of 1954, under political cond itions that permit the South Vietnamese -all the South Vietnamese to chart their course free of any outside domination or interference, from us or from anyone else So tonight, I reaffirm the pledge that we made at Manil a: that we are prepared to withdraw our forces from South Vietnam as the other side withdraws its forces to the North, stops the inf iltration, and the level of violence thus subsides. Our goal of peace and self-determination in Vietnam is directly related to the future of all of Southeast Asia, where much has happened to inspire conf idence during the past 10 years. And we have done all that we kne w how to do to contribute and to help build that confidence.the demanding needs of this nation. But in these budgetary matters, the President does not decide alone. The Congress has the power, and the duty, to determine appropriations and taxes. And the Congress is now considering our proposals, and they are considering reductions in the budget that we submitted. As part of a program of fiscal restraint that includes the tax surcharge, I shall approve appropriate reductions in the January budget when and if Congress so decides that that should be done. One thing is unmistakably clear, however. Our deficit just must be reduced. Failure to act could bring on conditions that would strike hardest at those people that all of us are trying so hard to help So these times call for prudence in this land of plenty. And I believe that we have the character to provide it, and tonight I plead with the Congress and with the people to act promptly to serve the national interest and thereby serve all of our people. Now let me give you my estimate of the chances for peace -- the peace that will one day stop the bloodshed in South Vietnam; that will -- all the Vietnamese people [will] be permitted to rebuild and develop their land; that will permit us to turn more fully to our own tasks here at home. I cannot promise that the initiative that I have announced tonight will be completely successful in achieving peace any more than the 30 others that we have undertaken and agreed to in recent years. But it is our fervent hope that North Vietnam, after years of fighting that has left the issue unresolved, will now cease its efforts to achieve a military victory and will join with us in moving toward the peace table. And there may come a time when South Vietnamese -- on both sides -- are able to work out a way to settle their own differences by free political choice rather than by war. As Hanoi considers its course, it should be in no doubt of our intentions. It must not miscalculate the pressures within our democracy in this election year. We have no intention of widening this war. But the United States will never accept a fake solution to this lo ng and arduous struggle and call it peace. No one can foretell the precise terms of an eventual settlement. Our objective in South Vietnam has never been the annihilation of the enemy. It has been to bring about a recognition in Hanoi that its objective -- taking over the South by force -- could not be achieved. We think that peace can be based on the Geneva Accords of 1954, under political conditions that permit the South Vietnamese -- all the South Vietnamese -- to chart their course free of any outside domination or interference, from us or from anyone else. So tonight, I reaffirm the pledge that we made at Manila: that we are prepared to withdraw our forces from South Vietnam as the other side withdraws its forces to the North, stops the infiltration, and the level of violence thus subsides. Our goal of peace and self -determination in Vietnam is directly related to the future of all of Southeast Asia, where much has happened to inspire confidence during the past 10 years. And we have done all that we kne w how to do to contribute and to help build that confidence