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Posted On: 02/14/2023 11:49:22 PM
Post# of 126704
You history is a liitle off. Reagan got his enormous spending increase for Defense and then had to raise taxes.
Which party controlled Congress in the 1980s?
https://history.house.gov/Congressional-Overv...20majority.
Republicans swept into the White House and took over the Senate after the 1980 elections. Democrats maintained a diminished House majority.
President Ronald Reagan survived an assassination attempt and Congress quickly passed a series of tax and domestic spending cuts, deregulated certain industries, and added defense spending during the first session of the 97th Congress (1981–1983). But the resulting budget deficit led Congress to increase taxes and reduce the gap between spending and revenues during its second session.
Which party controlled Congress in the 1980s?
https://history.house.gov/Congressional-Overv...20majority.
Republicans swept into the White House and took over the Senate after the 1980 elections. Democrats maintained a diminished House majority.
President Ronald Reagan survived an assassination attempt and Congress quickly passed a series of tax and domestic spending cuts, deregulated certain industries, and added defense spending during the first session of the 97th Congress (1981–1983). But the resulting budget deficit led Congress to increase taxes and reduce the gap between spending and revenues during its second session.
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