On the recordFebruary 28, 1985
We will not reduce the deficit by raising taxes.
Source
presidency.ucsb.eduWe will not reduce the deficit by raising taxes.
Remarks at the Annual Dinner of the Conservative Political Action Conference
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I think he recognizes that their massive buildup has been responsible for the great economic crisis that he faces there in the Soviet Union.
We have not come this far through lack of strength or any weakness in our resolve, nor has there been anything inevitable about what we've achieved.