Why was the federal budget not capable of being balanced under Ronald Reagan?

A) Tax Cuts to business left the government short
B) Huge military spending for Star Wars
C) Deregulation of the economy to allow for competition
D) Payment of FDIC loans to cover bank debt
E) All of these


E

History

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A. Oran M. Roberts B. Joseph F. Glidden C. Edmund J. Davis D. Charles Goodnight

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A series of 1935 Roosevelt proposals for higher tax rates on the wealthy was likely designed to undercut Senator Huey Long's Share-Our-Wealth Plan.

Answer the following statement true (T) or false (F)

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Answer the following statement true (T) or false (F)

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