Reagan reduced tax rates, and increased spending, which resulted in a deficit. What's hard to understand about that? I'd like to see evidence of that "doubling of tax revenues," too. He certainly cut back on a LOT of those tax cuts as the deficit ballooned, by at least 25% if not more.<quoted text>
You could argue that , but you would lose to those who know the truth. Reagan reduced tax rates. He also reduced or eliminated many deductions. This resulted in a near doubling of tax revenues.
The dem congress promised $2 in spending cuts for each $1 in new tax revenue. They never delivered.(Sound familiar? Think about our latest "deal")
What about that Dem "promise" as to spending cuts, too? Obama's 2011 deficit reduction plan promised $2 in spending cuts for every dollar of new revenue, is that what you meant? What happened to that plan, did Republicans help pass it? I don't remember that...could you refresh my memory?