Ronald Reagan actually said...

The most objectionable features of S. 2507 are: creating a new Federal subsidy for middle-income homeownership, which would be feasible only in a few large cities, contains hidden costs, and targets funds to middle-income homebuyers.

Context

Statement of Administration Policy: S. 2507 - Housing Act of 1986

06/19/1986

https://www.presidency.ucsb.edu...

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