Ronald Reagan

I remain committed to the goal of price level stability.

To the Congress of the United States: In accordance with the Impoundment Control Act of 1974, I herewith report three new deferrals of budget authority totaling $3,570,665,449 and ten revised deferrals of budget authority now totaling…

The policies of this Administration have spurred and sustained a record economic expansion—the longest in U.S. peacetime.

With sound and stable economic policies, saving and investment will be encouraged, and the Nation's productive capacity will continue to expand.

We must deal with the Soviet Union from a position of realism, strength, and alliance unity.

The vitality of free and open markets, full of opportunity and promise, is the best foundation for investment.

Protectionism would be an economic disaster for both our countries.

During our watch, the U.S. economy again has shown its strength.

These recommendations to the Congress, along with budget reform proposals, improve government management.

I initiated a government-wide management improvement strategy that I called 'Reform '88.'

Like his distinguished predecessor, Justice Kennedy's career has been marked by his devotion to a simple, straightforward, and enduring principle: that we are a government of laws, not of men.

It was to protect the integrity of the Constitution, not to add to it or subtract from it—certainly not to rewrite it.

We're trying to find out as much as we can, and we'll try to get him located.

This budget shows that a gradual elimination of the deficit is possible without abandoning tax reform.

Justice Kennedy has shown a consistence and courageous dedication to preserving ours as a government of laws, and that's why I nominated him.

I ask the Congress to do the same.

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

This budget fits within the second year of the bipartisan budget agreement that we reached last November.

And while meeting these domestic priorities and our national security needs, this budget does not increase taxes.

A more productive, better managed government, with a workforce that delivers excellence-this is an important part of the legacy I plan to leave to future Presidents and the America they serve.

Since this expansion began, 15 million new jobs have been created.

By pursuing market-oriented economic policies, we have uncorked the genie of American enterprise and created new businesses, more jobs, improved production, and widespread prosperity.

Our people have every right to expect that their National Government perform its appointed tasks in a timely, efficient, and courteous fashion.

I will not accept the excuse that the Federal Government has grown . . . beyond the control of any President, Administration or Congress.

I am proud to report on the continued success of my Administration's efforts to better manage the Federal Government.