George H.W. Bush: “I don't think the time has come, and nor will it come as long as I'm President, to try to do anything other than to hold…”

“I don't think the time has come, and nor will it come as long as I'm President, to try to do anything other than to hold the line on Federal spending. The American people are very, very clear that the Federal Government spends too much. And the only good thing about the budget agreement is that it does have overall caps on Federal spending. So, it is not my view that we need to break those spending caps.”