There will be no last laugh when it comes to so-called "Ronald Reagan Alzheimer's comedy."
Will Ferrell was attached to produce and star in the movie
, but ET has confirmed that the 48-year-old comedian has pulled out of the project after the former president's children called the film an "outrage." Page Six
first reported the news.
The script, titled Reagan, was said to center on a White House intern tasked with convincing the POTUS that he is an actor playing the president in a movie when Reagan begins to suffer from dementia during his second term.
"The Reagan script is one of a number of scripts that had been submitted to Will Ferrell which he had considered," a rep for the Daddy's Home star tells ET. "While it is by no means a 'Alzheimer’s comedy' as has been suggested, Mr. Ferrell is not pursuing this project."
Michael Reagan and Patti Davis, the son and daughter of President Reagan, previously slammed the project, with Michael tweeting, "Alzheimer's is not a joke. It kills. You should be ashamed, all of you."
The news comes mere months after the death of Reagan's wife
, Nancy Reagan, on March 6. Look back on the president and first lady's love story in the video below.