Nixon was the first one to say it. Reagan made it popular. David Domke and Kevin Coe have studied the use of the phrase in presidential speeches and have recorded their findings in The God Strategy: How Religion Became a Political Weapon in America. I have not read the book, but I found this Huffington Post piece to be interesting. Here is a taste:
The first president to say it was Richard Nixon, who dropped the phrase during an attempt at damage control for the burgeoning Watergate scandal on April 30, 1973.“Tonight, I ask for your prayers to help me in everything I do throughout the days of my presidency,” he said. “God bless America and God bless each and every one of you.”
The phrase didn’t catch on during the Gerald Ford and Jimmy Carter years, but Ronald Reagan’s presidency definitively ushered in the era of “God bless America.” Reagan used the line when accepting the Republican Party’s presidential nomination in 1980, and made it his standard sign-off once in the White House. Since then, it’s become a standard part of the language of the American presidency.
RECOMMENDED READING
The Nixon Library has released another recording in which Billy Graham and Richard Nixon discuss Jews and the “Synagogue of Satan” 
Billy Graham to Richard Nixon: Satan was working through the Jews, but Hitler handled it all wrong 
Court evangelical James Robison: Trump acted “like a little elementary schoolchild” 
A Billy Graham Even Liberals Can Love
And let's not forget the putative “strict” separationist Thomas Jefferson ending his first inaugural address with
And may that Infinite Power which rules the destinies of the universe lead our councils to what is best, and give them a favorable issue for your peace and prosperity.
which might be liberally paraphrased as well, “God Bless America.”
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