Ronald Reagan actually said...

We should have a constitutional amendment to prohibit deficit spending by the Federal Government, require a balanced budget.

Remarks to the House Republican Caucus on the Budget Deficit

03/20/1984

More Ronald Reagan Quotes

It is with great regret that I accept your resignation as Administrator of the Environmental Protection Agency.

The budget, the overall spending, increased about 4 1/2 times.

We want to work more closely with the people of Fiji and Oceania.

If more nations were as responsible in their international community as Fiji, it would be a far better world.