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.
Source
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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I am not going to exploit for political purposes my opponent's youth and inexperience.