Ronald Reagan actually said...
The bill would freeze the annual rental paid by the Payson Unified School District for its use of 60 acres of National Forest System land at $12,500, far below the $21,000 that is the current fair market value for the use of this property.
Context
Statement of Administration Policy: H.R. 1366 - Land Conveyance to Payson, Arizona School District
06/24/1987