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To: Pining_4_TX

He managed to cut taxes and double revenues over 8 years. He proposed eight budgets one of which was enacted.

George Mitchell and Tip O Neill gleefully tore them up and substituted their own budgets, which always found ways to spend the additional revenue and then to create deficits on top of that spending. There was no “Regan Deficit” as liberals claim; there was only “Tip O Neil/George Mitchell” deficits that required the eventual raising of taxes.

I would note that Regan’s budgets did have deficits, mostly to fund defense, but the additional revenue would have made up for them.


17 posted on 11/18/2017 9:49:47 AM PST by Pete from Shawnee Mission
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To: Pete from Shawnee Mission

Exactly, and they will do it again. The Democrats are either more clever than the Republicans, or most Republicans are just posturing and have no intention of shrinking government.


21 posted on 11/18/2017 6:12:00 PM PST by Pining_4_TX (For they sow the wind, and they shall reap the whirlwind. ~ Hosea 8:7)
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