Ronald Reagan actually said...

The resolution's unilateral termination of aid to the Nicaraguan democratic resistance would deprive the administration of one of the most c...

My pledge to veto any tax rate increase remains rock-solid.

At a time of severe budgetary constraints, the administration believes this unnecessary increase is unacceptable.

It would reward their inflexibility and send the message that they need only wait for the United States to lose its resolve.