Buddy Carter: “Ronald Reagan said it years ago, we don't have a revenue…”

“Remember, when the government spends more, you get less. We have to keep that in mind. And what the President is trying to do is to address the spending addiction that Washington D.C. has. Ronald Reagan said it years ago, we don't have a revenue problem in Washington D.C. got a spending problem. All right, Congressman, good to have you. And say hi to the President for us. Or the Vice President. Forgive me when he comes today. Thank you very much for being here.” (03:29–03:36)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.