10/20/1987
https://www.presidency.ucsb.edu...
"There will be no retreat."
"I'm as committed today as on the first day I took office to balancing the budget, freeing the people from punitive taxation, and making America once again strong enough to safeguard our freedom."
"We've made certain that in an era of budget cuts, black colleges and universities will actually receive a $9.6 million increase in Federal title III funds."
"The budget will not be balanced at the expense of those dependent on social security."