On the recordMarch 20, 1984
We should have a constitutional amendment to prohibit deficit spending by the Federal Government, require a balanced budget.
Source
presidency.ucsb.eduWe 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
Share
More from Ronald Reagan
We understood the key to prosperity was low-inflationary growth, and we achieved it.
These unilateral reductions would, however, give a long-awaited encouragement for our efforts to achieve the genuine balance in conventional forces that would assure greater security and stability in Europe.