President Obama continued his campaign for raising taxes on the wealthiest Americans on Tuesday with a speech in Texas. Obama invoked the words of former President Ronald Reagan to bolster his argument.

President Obama: “A great American said that he thought it was 'crazy' that certain tax loopholes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary. All right? You know who this—who this guy was? Wasn’t a Democrat. Wasn’t some crazy socialist. It was Ronald Reagan. It was Ronald Reagan. Last time I checked, Republicans all thought Reagan made some sense.”