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

Dec 7, 1988

That is, again, one of those things I should have said to your question.

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Dec 15, 1988

Let us remember that the Soviet preponderance in military power in Europe remains, an asymmetry that offends our Jeffersonian senses.

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