05/15/1986
https://www.presidency.ucsb.edu...
"I defy anyone to tell me why it doesn't make common sense that the Federal Government should start restricting its spending to be within the limits of its revenues."
"I thought Tip O'Neill might have arranged to take me out of circulation for awhile."
"I will veto budget-busting bills, and I will continue to do that."
"I think this is one of the great examples in America today of what we've been talking about."