Ronald Reagan actually said...

Yes, this year, for the first time in two decades, the Federal Government will spend less, after taking out inflation, than it did last year.

Radio Address to the Nation on Economic Growth and Budget Reform

12/12/1986

More Ronald Reagan Quotes

I can't remember the context in which I said that.

It's a choice between two fundamentally different ways of governing and two different ways of looking at America.

Their payments will get bigger and bigger and bigger.

Well, I found that it's not so much that our opponents have a poor memory of this ruinous past, they just have a darn good 'forgetory.'