Ronald Reagan actually said...

I am proposing to reduce authority to incur obligations for direct loans by a total of $751.8 million.

Message to the Congress Reporting Budget Rescissions and a Deferral

03/16/1981

More Ronald Reagan Quotes

Wisdom is the quality we look for most in our judges.

Our heritage of individual liberty is dependent on the rule of law.

It shows that voluntarism can work.

You certainly haven't retired in that regard.