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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: H-Man who wrote (177704)9/5/2001 1:01:35 PM
From: Kenneth E. Phillipps  Read Replies (5) | Respond to of 769667
 
The truth is Congress always appropriated less than Reagan requested. I know you don't like to hear it but it is the truth.



To: H-Man who wrote (177704)9/5/2001 1:18:15 PM
From: Les H  Read Replies (1) | Respond to of 769667
 
Reagan's budgets also were hit by the very high interest rates inherited from Carter. 30-year rates were about double the prevailing rates during Clinton's. 5-, 7-, 10-, and 20-year rates were 3 times as high. 14-16 percent interest rates will double the debt in five years or less. Rates were headed back up to 10 pct in Bush's term.


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