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Newsweek 8Stockman 9

 

We invented the "magic asterisk": If we couldn't find the savings in time -- and we couldn't -- we would issue an IOU. We would call it "future savings to be identified." It was marvelously creative. A magic asterisk item would cost negative $30 billion . . . $40 billion . . . whatever it took to get a balanced budget in 1984 after we toted up all the individual budget cuts we'd actually approved.
-- David A. Stockman "The Triumph of Politics: Why The Reagan Revolution Failed" Newsweek April 21, 1986, Special Report; The Stockman Story; Pg. 40
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