In the past 3 years, we have reduced the burden of arms. For the first time in 20 years, spending on defense has been brought below spending on human resources.
As we look to the future, we find encouraging progress in our negotiations with the Soviet Union on limitation of strategic arms. And looking further into the future, we hope there can eventually be agreement on the mutual reduction of arms. But until there is such a mutual agreement, we must maintain the strength necessary to deter war.
And that is why, because of rising research and development costs, because of increases in military and civilian pay, because of the need to proceed with new weapons systems, my budget for the coming fiscal year will provide for an increase in defense spending.
Strong military defenses are not the enemy of peace; they are the guardians of peace.
There could be no more misguided set of priorities than one which would tempt others by weakening America, and thereby endanger the peace of the world.
In our foreign policy, we have entered a new era. The world has changed greatly in the 11 years since President John Kennedy said in his Inaugural Address, “... we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty.”
Our policy has been carefully and deliberately adjusted to meet the new realities of the new world we live in. We make today only those commitments we are able and prepared to meet.
Our commitment to freedom remains strong and unshakable. But others must bear their share of the burden of defending freedom around the world.
And so this, then, is our policy:
--We will maintain a nuclear deterrent adequate to meet any threat to the security of the United States or of our allies.