Ronald Reagan: “Deficit reduction is no longer simply our hope and our goal; deficit…”

On the recordDecember 11, 1985

Deficit reduction is no longer simply our hope and our goal; deficit reduction is now the law.

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Republican · California

Source

Statement on Signing the Bill Increasing the Public Debt Limit and Enacting the Balanced Budget and Emergency Deficit...

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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.

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It was a message of peace.

Dec 6, 1988

Well, that wasn't a proposal. That was a decision that has been made.

Dec 7, 1988

That is, again, one of those things I should have said to your question.

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Ronald Reagan: “Deficit reduction is no longer simply our hope and our goal; deficit reduction is now the law.”