At Reagan's request, Congress passed one of the biggest tax cuts in American history. What was one result of this tax cut?Select one of the options below as your answer:A. America plunged into a deep recession.B. The U.S. budget deficit and debt increased.C. Reagan asked for deep cuts in military spending.D. Americans spent less.

Question

jasmineflvs · Answer

B.The nominal national debt rose from $900 billion to $2.8 trillion during Reagan's tenure, an average national budget deficit per year of $237.5 billion, as compared to an average national budget deficit per year of $56.9 billion during Carter's tenure. The federal deficit as percentage of GDP rose from 2.65% of GDP in 1980, Carter's final budget year, to 3.04% of GDP in 1988, Reagan's final budget year.

jasmineflvs · Answer

what grade are you in?

anonymous · Answer

freshman in college

jasmineflvs · Answer

cool!! im homeschooled and in 10th grade right now...I'll be in college by the time i am 16 or 17