Ronald Reagan: “The American people know the truth: We don't have a deficit because…”

On the recordOctober 28, 1986

The American people know the truth: We don't have a deficit because we're taxed too little; we have a deficit because the Congress spends too much.

Said by

Republican · California

Source

Remarks at a Campaign Rally for Senator James Abdnor in Rapid City, South Dakota

More from Ronald Reagan

Jan 10, 1989

Yes, always has been.

May 13, 2003

America is the shining city on the hill. Welcome all who enter to follow their dreams.

May 31, 2004

Are you better off than you were four years ago?

May 5, 2004

But there's nothing I can say that would make the situation right.

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Ronald Reagan: “The American people know the truth: We don't have a deficit because we're taxed too little; we have a deficit because…”