During the Reagan presidency, what happened to federal budget deficits?
A)They increased slightly.
B)They increased substantially.
C)They stayed roughly the same.
D)They decreased slightly.
E)They decreased substantially.

Question

Quizplus · Accepted Answer

During the Reagan presidency, federal budget deficits increased substantially due to significant tax cuts and increased military spending, which were not offset by reductions in other areas of spending.

During the Reagan Presidency, What Happened to Federal Budget Deficits