10/06/1988
https://www.presidency.ucsb.edu...
"Many of its proposals follow the spirit of recommendations by the Grace commission, some 2,000 citizens who compiled a report on how to cut spending growth without harming the needy or impairing any e..."
"I herewith report six new deferrals of budget authority for 1985 totaling $58,900,000 and four revised deferrals now totaling $110,566,481."
"We will not reduce the deficit by raising taxes."
"You have been an important and valued adviser throughout this period when we have been turning once more to the creative energies of individuals in the marketplace to provide our Nation with stable, l..."