Ronald Reagan: “We don't have a trillion-dollar debt because we don't tax enough; we…”

On the recordMay 19, 1982

We don't have a trillion-dollar debt because we don't tax enough; we have a trillion-dollar debt because government spends too much.

Said by

Republican · California

Source

Remarks at a White House Reception for Members of the American-Retail Federation

More from Ronald Reagan

Dec 6, 1988

The pursuit of peace is, of course, always in season.

Dec 14, 1988

Neither treaty has been ratified because they were not verifiable in their original form.

Feb 25, 2004

I will not make age an issue of this campaign. I am not going to exploit for political purposes my opponent's youth and inexperience.

Dec 7, 1988

Well, you'd have to take up with the U.N.

Other voices in this conversation

Ronald Reagan: “We don't have a trillion-dollar debt because we don't tax enough; we have a trillion-dollar debt because government…”