Spending Control Quotes
Although Reagan vetoed some spending that he disapproved of, he wanted so much spending on his favorite programs that he not only never brought the budget under control but his spending created the largest deficit in American history -- until George W. Bush squandered the Clinton surplus and exceeded Regan’s spending greatly and left President Obama with the greatest budget deficit in world history and a collapsing economy. Ironically, despite the fact that Reagan ran up huge deficits for the time, he always verbally advocated balanced budgets and many people in the country were persuaded by Reagan of the importance of balanced budgets. It was President Clinton who balanced the budget and eliminated the Reagan deficits.