Ronald Reagan actually said...

it isn't a step backward at all. It's a step forward toward ending this round that we've had of the excessive interest, of the excessive inflation.

Remarks and a Question-and-Answer Session With Orange County Republicans at a Target '82 Fundraising Reception in Costa...

08/19/1981

More Ronald Reagan Quotes

The total spending impact of these measures could be as much as $7.4 billion in fiscal year 1985.

I believe that the change in direction we have instituted during the past four years will continue even beyond this Administration.

Nancy joins me in sending you our best wishes for every future success and happiness.

I herewith report six new deferrals of budget authority for 1985 totaling $58,900,000 and four revised deferrals now totaling $110,566,481.