WebFeb 5, 2011 · 2. Reagan nearly tripled the federal budget deficit. During the Reagan years, the debt increased to nearly $3 trillion, “roughly three times as much as the first 80 years of the century had done altogether.” Reagan enacted a major tax cut his first year in office and government revenue dropped off precipitously. WebJul 20, 2011 · When Reagan became president -- and began to cut taxes -- the federal deficit was 2.5 percent of the national economy. When he left, eight years later, the deficit was 5 percent of the economy ...

Reagan

WebSep 13, 1981 · Most recently Wall Street's alarm was intensified by analyses of the budget for fiscal 1982, which begins only two weeks from now on Oct. 1, showing that the Reagan Administration's forecast of a ... WebJun 16, 2004 · In the two decades before the Reagan tax relief, the average household's annual disposable income increased $13,000. In the 20 years following Reagan's tax cuts, … fish shop el cajon

Martin Feldstein, 79, a Chief Economist Under Reagan, Dies

WebThe federal deficit grew to $208 billion in the 1983 fiscal year, Mr. Reagan's second budget year, from $79 billion in the 1981 fiscal year, the last year the government operated under a budget ... WebJul 13, 1982 · Aides acknowledged the difficulty of having Reagan campaign for balanced budgets after becoming the first president to submit a budget with a deficit exceeding $100 billion. WebThe best way to measure a President's debt is to add up his budget deficits. A President's budget reveals a particular administration's spending priorities. ... Ronald Reagan: 1981–1989: 13.64%: 4.67%: Jimmy Carter: 1977–1981: 9.98%: 9.85%: Gerald Ford: 1974–1977: 11.23%: 8.11%: Richard Nixon: 1969–1974: 5.37%: ... The chief executive ... c and n coal