On the recordFebruary 20, 1985
It doesn't make sense for a Federal Government running a deficit to be borrowing money to be spent by State and local governments that are now running surpluses.
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presidency.ucsb.eduIt doesn't make sense for a Federal Government running a deficit to be borrowing money to be spent by State and local governments that are now running surpluses.
The President's News Conference
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More from Ronald Reagan
That is, again, one of those things I should have said to your question.
Let us remember that the Soviet preponderance in military power in Europe remains, an asymmetry that offends our Jeffersonian senses.