Ronald Reagan actually said...

I'm happy—and I really mean happy—to announce that their report contains some very good news for the American taxpayer.

Remarks to Reporters on Integrity and Efficiency in Federal Programs

12/06/1981

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By the authority vested in me as President by the Constitution of the United States of America, and in order to extend the life of the Presi...

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There is established, effective June 20, 1984, a board of three members to be appointed by the President to investigate this dispute.