You don't get gushers of revenue by raising tax rates. You get it through expansion.

We have struggled with terrorism for a long time. In the Reagan administration, I was a hawk on the subject. I said terrorism is a big problem, a different problem, and we have to take forceful action against it. Fortunately, Ronald Reagan agreed with me, but not many others did.

I like the life of ideas and applying ideas to action.

World Affairs Councils are great organizations. They help keep people throughout our country alive to important developments in world affairs and underscore that, in the country, we stay engaged and we are part of the world.

If they are too big to fail, make them smaller.

Before you get mugged by reality, take out an insurance policy. It's the Reagan way.

You've got to dream a little bit if you're going to get somewhere.