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What did President Ronald Reagan not favor cutting from his budget?
Wiki User
∙ 13y ago
He did not favor deep cuts in the military budget.
Wiki User
∙ 13y ago
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Why did the budget deficit rise during the Reagan presidency?
The federal deficit rose significantly during the Reagan administration. Ronald Reagan was the 40th U.S. President, serving from 1981 to 1989.
Ronald Reagan's budget plan in the 1980's called for large increases in what?
Defense spending. Military personnel received massive pay increases under Reagan.
What was Ronald Reagan Domestic policy?
President Reagan promised to cut spending and cut taxes, while increasing the defense budget and balancing the budget. This was known as "Reagonomics." However the national debt began to rise when defense spending outweighed cuts in social programs.
What were Ronald Reagan's greatest achievements?
Ronald Reagan had many great achievement's, these include the longest consecutive peacetime growth in American history, (90 months) and waging a war on communism. He also was the one who said "Tear down this wall." which referred to the Berlin wall separating east and west Berlin. Ronald Reagan also increased military budget while lowering taxes across the board.
What were President Reagan's domestic policies?
During Term I (1981-85): a. To solve the country's economic malaise (Reagonomics) b. Handling of the Air-Traffic Controlers Strike During Term II (1985-89) a. War on drug b. Signed immigration control and refotm act-1986
Who is the American president often credited with bringing about the end of the Cold War?
Ronald Reagan put tremendous pressure on the Soviet Union by dramatically increasing America's defense budget which the Soviet couldn't match. George H.W. Bush is the President that saw the actual collapse of the Soviet Union and the Warsaw Pact countries.
Did President Ronald Reagan balance the budget?
Yes. Jimmy Carter had deficits of $75 billion a year. Reagan had deficits of over $200 billion a year. He increased the national debt by 189%, the biggest increase of presidents in the last hundred years.
During the first five years of reagans presidency the military budget grew by more than?
In the eight years of Ronald Reagan's presidency, the American defense budget rose from $ 325.1 billion to 456.5 billion, or 40.5%
Did Jimmy Carter run a budget surplus?
Yes, in President Carter;s last year in office his administration submitted a balanced budget to congress. Nixon NO; Ford NO; Reagan NO; Bush NO.
What was Ronald Reagan's economic plan in the 1980s in regard to taxes and military spending?
Reagan cut taxes while increasing military spending while increasing the size of the military. While military efficiency improved, massive budget deficits resulted, thus proving Supply-side Economics does not work.
Was president Bush Wrong to invest so much of his political capital in cutting taxes in the 2001 budget?
wojoinki
Who was President Reagan's chief of finance?
David Stockman was the Director of the Office of Management and Budget under President Reagan.
