I can tell you, and tell you now, that I am prepared to veto any bill that has as its purpose a Federal bailout of New York City to prevent a default.... It encourages the continuation of "politics as usual" in New York, which is precisely not the way to solve the problem. (Gerald Ford)

I can tell you, and tell you now, that I am prepared to veto any bill that has as its purpose a Federal bailout of New York City to prevent a default.... It encourages the continuation of "politics as usual" in New York, which is precisely not the way to solve the problem.

Gerald Ford

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city continuation federal now politics problem purpose tell veto way bailout

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