Read JFK speech to New York Economic Club, December 14, 1962
“ … and a saving[s] of at least 600 million dollars from the cancellation of obsolete or unworkable weapons systems. Secretary McNamara is undertaking a cost reduction program expected to save three billion dollars a year in the Department of Defense, cutting down on duplication and closing down nonessential installations. Other agencies must do the same.
In addition, I have directed all heads of government departments and agencies to hold federal employment under the levels authorized by congressional appropriations, to absorb through greater efficiency a substantial part of this year's federal pay increase, to achieve an increase in productivity which will enable the same amount of work to be done by less people, and to refrain from spending any unnecessary funds that were appropriated by the Congress.
https://www.americanrhetoric.com/speeches/jfkeconomicclubaddress.html
