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tax cuts, defense hikes, and that congress and the White House were unwilling to make serious budget cuts.

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Q: What three factors helped to dramatically increase the budget deficit you the 1980S?
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What president's plan of cutting back social programs decreaing taxes and dramatically increasing defence spending eventually increase the budget deficit?

George W. Bush


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interest rate


Why did the budget deficit rise during the Reagan presidency?

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A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.


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fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.


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Can you make a sentence with Budget deficit?

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to protect national security an increase in the real exchange rate of the dollar