Reagan on the Budget

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Originally Posted by netsalt

But...But...But... Why didn't Ronnie just say NO? Maybe because it is not so simple?

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He did. Congress agreed to cut spending, but failed to hold up its end of the bargain.

http://www.cato.org/publications/pol...l-policy-1980s

http://www.heritage.org/research/rep...conomic-record

The big spenders (Rep and Dem) in Congress have a habit of agreeing to cut spending and then reneging, especially after tax increases. The priority has to be placed on cutting spending before any tax increases are allowed to take effect.