Under Reagan the federal debt tripled why?

What were the results of the Reagan administration military build up?

Tripled the National debt...this was a stimulas package

How many times was the debt ceiling raised under reagen?

The National Debt Ceiling was raised 18 times while Reagan was president.

When George Bush became president the federal deficit debt was how many times what it had been when Ronald Reagan took office?

First of all, the federal budget deficit and the national debt are two different things. The debt is the total of borrowed money owed by the federal government, and the budget deficit is the amount that is added to the debt each year due to the lack of a balanced budget.During the eight years of Ronald Reagan's presidency, the national debt rose by 1.78 trillion dollars due to eight budgets with deficits ranging from 100 billion dollars to 280 billion dollars being signed into law. That changed the size of the national debt from 960 billion dollars to 2.74 trillion dollars, an increase of 185.4%.

Is a home mortgage debt considered a federal debt?

No. A federal debt is a debt that is owned to the federal government. A home mortgage is a debt that is owed to the lending agency, be it a bank, a mortgage company, etc.

How many times did Ronald Reagan increase the debt ceiling?

Reagan raised the dept ceiling 18 times.

Has Obama raised the dept more than any other President?

The biggest percentage increase in the debt occurred under Ronald Reagan; the second largest under George W Bush.

Which statement is falseThe national debt dropped significantly during the Reagan years?

The national debt dropped significantly during the Reagan years.

What is delinquent federal debt?

Delinquent federal debt is debt by the government which has not been paid on time. This is generally a result of a unbalanced budget.

Which companies offer federal debt consolidation?

Some companies which offer federal debt consolidation include Federal Debt Management Services. In the United States, federal student loans can be consolidated by the Department of Education.

What state is least in debt?

States, unlike the federal government, are more likely to have a surplus, with some states, such as North Carolina, where having a deficit is illegal under its constitution, have no debt.

What were the results of reaganomics?

President Reagan was a great promoter of 'supply-side economics", a theory that held that four central policies: Lower marginal tax rates, less regulation, restrained government spending, and tightening the money supply would lead to economic growth. Lowering the tax rate was based on the idea that lower taxation would lead to increased spending and investment, which in turn would lead to increased government revenue despite the lowered rates.Part of the problem in real life is that in politics you never end up with the pure and neat theoretic model you start out with. So although Reagonomics worked for awhile, Reagan himself had to undo many of his original tax cuts later on, because people and companies used their tax windfalls for a lot of other things too and Federal revenue based on extra activity fell short of expectations. A major effect of Reaganomics was that under Reagan the national debt tripled from less than one to almost three trillion dollars. Restraining Government spending turned out to be wishful thinking: Reagan greatly increased Government spending instead of curbing it. 'Less regulation' was low on Reagan's priority list but ultimately led to the big - and very costly - Savings and Loans scandal. Reagan considered the huge rise in Government debt 'the great disappointment of his Presidency', but he should not have been that surprised: Earlier, when Governor of California, State debt had also exploded under his rule.

What was the US debt in 1776?

us federal debt in 1850