Ronald Reagan actually said...

I propose a constitutional amendment that mandates a balanced budget and forces the Federal Government to live within its means.

Major strides have been made in improving the timeliness and efficiency of Federal Government operations.

The current expansion, now in its sixtythird month, has outlasted all previous peacetime expansions in U.S. history.

I will not accept the excuse that the Federal Government has grown . . . beyond the control of any President, Administration or Congress.