Even though Reaganomics worked for the most part, what two things caused the Federal deficit to soar? bailing out savings and loan companies too many people unable to pay high taxes huge growth in defense spending too many Federal government regulations

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22-07-2015
History

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Even though Reaganomics worked for the most part, what two things caused the Federal deficit to soar? bailing out savings and loan companies too many people unable to pay high taxes huge growth in defense spending too many Federal government regulations

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HistoryGuy HistoryGuy · Answer 1 · 2015-07-28T05:08:35+02:00

HistoryGuy HistoryGuy

28-07-2015

The two things from this list that caused the Federal deficit to soar would be "too many Federal government regulations" since it is these regulations that stopped things like a second economic depression and recession from happening.

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austinschneider2 austinschneider2 · Answer 2 · 2019-12-02T06:08:53+01:00

austinschneider2 austinschneider2

02-12-2019

Answer:

bailing out savings and loan company's

huge growth in defense spending

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