01/05/1986
https://www.presidency.ucsb.edu...
"I think it's time to choose a different road and to bring spending relief and tax relief for our overburdened citizens."
"By refusing to make even this small saving to protect the American people against over-spending, the Congress has paved the way for higher interest rates and inflation."
"This represents neither fair compromise nor responsible budget policy."
"I have chosen the latter."