Ronald Reagan actually said...

I propose a constitutional amendment that mandates a balanced budget and forces the Federal Government to live within its means.

Message to the Congress Transmitting the Fiscal Year 1989 Budget

02/17/1988

More Ronald Reagan Quotes

Peace remains our highest aspiration, and that's why arms control isn't enough.

We should never judge a President by his age, only by his works.

There's a new spirit of community building.

Only when individuals are given a personal stake in deciding their own destiny do societies prosper, grow, and remain free.