How did congress want to reduce the massive federal deficit caused by Reagan years

A:raise taxes

B:reduce spending

C:cut defense

D:raise tariffs

Question

History

Zion Jimenez

11 August, 08:32

How did congress want to reduce the massive federal deficit caused by Reagan years

A:raise taxes

B:reduce spending

C:cut defense

D:raise tariffs

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Answers (1)

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Lilliana Ellis · Answer 1

The correct answer is A:raise taxes

Regan's economics caused massive deficits in the budget because he introduced tax cuts to people which meant that the budget would be smaller. They wanted to raise taxes to make up for what was lost and this led to an even bigger problem and the economy started becoming a huge issue since people became more indebted.

How did congress want to reduce the massive federal deficit caused by Reagan yearsA:raise taxesB:reduce spendingC:cut defenseD:raise tariffs

How did congress want to reduce the massive federal deficit caused by Reagan years

A:raise taxes

B:reduce spending

C:cut defense

D:raise tariffs