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To: JF Quinnelly who wrote (69849)	1/12/2009 3:39:39 PM
From: koan	Read Replies (1) of 71178

>> Reagan had cut a deal with House Speaker Tip O'Neill that called for dollar for dollar reductions in spending to match the 1981 tax cuts. Tip O'Neill agreed to the deal and then reneged on it, so there were no spending cuts. I guess you could blame Reagan for taking the word of a Democratic politician if you wanted blame Reagan, but I'm not sure that argument has legs.<< Why didn't Reagan veto the bills if he didn't like them?

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