George H.W. Bush: “Well, I'm not thinking of renegotiating it in the sense of spending more money or getting out from under the only…”

“Well, I'm not thinking of renegotiating it in the sense of spending more money or getting out from under the only constraints, the only assurance that the American people have that the Federal Government isn't going to take more out of their pockets. And the budget agreement puts caps on spending, and I am for constraining the growth of Federal spending. And it gets to deficits. And one way to be sure that you don't have a recovery, and I think we will have one, one way to be sure you don't is to indicate that you're going to send Government spending through the roof. And that would put long-term interest rates through the roof. And that would be bad for the whole world trading system, and it would be bad for the taxpayers in our country. Relocation of Command Task Force”