Political Quotes

Ronald Reagan: “It doesn't make sense for a Federal Government running a deficit to be borrowing money to be spent by State and local…”

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.
Said by
Ronald Reagan
Republican · California

Editor's note · Context

The President's News Conference

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More from Ronald Reagan

Jun 5, 2004

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

transcripts.cnn.com
May 5, 2004

But there's nothing I can say that would make the situation right.

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