Quotes of the Day

President Barack Obama gestures as he speaks at The Associated Press luncheon during the ASNE Convention, Tuesday, April 3, 2012, in Washington.
Wednesday, Apr. 04, 2012

Open quoteRonald Reagan understood that when the deficit started to get out of control that for him to make a deal he would have to propose both spending cuts and tax increases. Close quote

  • speaking to an audience of news executives at the annual meeting of The Associated Press.
Photo: Pablo Martinez Monsivais / AP | Source: Associated Press