Ronald Reagan actually said...

Our commitment will not end when we leave Washington at the end of my term.

Radio Address to the Nation on Drug Abuse and Aid to the Nicaraguan Democratic Resistance

02/26/1988

More Ronald Reagan Quotes

We did not condone and do not condone the shipment of arms from other countries.

There was no deception intended by us.

I have directed that no further sales of arms of any kind be sent to Iran.

I wasn't giving them to the Ayatollah Khomeini.