Reagan myth versus reality

How does “raised taxes eleven times” always manage to be ignored by the Republicans? CBS News:

But following his party’s losses in the 1982 election, Reagan largely backed off his efforts at spending cuts even as he continued to offer the small-government rhetoric that helped get him elected. In fact, he went in the opposite direction: His creation of the department of veterans affairs contributed to an increase in the federal workforce of more than 60,000 people during his presidency.

And while Reagan somewhat slowed the marginal rate of growth in the budget, it continued to increase during his time in office. So did the debt, skyrocketing from $700 billion to $3 trillion. Then there’s the fact that after first pushing to cut Social Security benefits – and being stymied by Congress – Reagan in 1983 agreed to a $165 billion bailout of the program. He also massively expanded the Pentagon budget.

Meanwhile, following that initial tax cut, Reagan actually ended up raising taxes – eleven times. That’s according to former Republican Sen. Alan Simpson, a longtime Reagan friend who co-chaired President Obama’s fiscal commission that last year offered a deficit reduction proposal.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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