Quote:
Originally Posted by spunkmaster
Every budget Reagan submitted to congress was balanced but the Democrat Congress created the deficits.
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While it is the liberal NY Times there is some nice info here.
http://www.nytimes.com/2009/04/26/opinion/26cannon.html
Here are some highlights:
"Mr. Reagan?s substantial public backing enabled him to persuade a Democratic-controlled House to pass his tax and budget bills."
and this one
"Unfortunately, Mr. Obama also shares with Mr. Reagan a tendency to indulge in best-case economic scenarios. Mr. Reagan never submitted a balanced budget to Congress. Spending as a share of gross domestic product increased to a high of 24.4 percent during the Reagan years, and the national debt quickly hit $3 trillion."
So maybe he didn't submit balanced budgets after all.