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Line 45:
Line 45: − Fueled by an over spending Congress that steadfastly refused Reagan's budget proposals, the national debt increased 160% during his two terms in office. The economic growth that resulted from tax cuts made deficits as a percentage of GDP lower than what they had been in during the previous decade of stagflation.+ +
→Economy
===Economy===
===Economy===
The national debt increased 160% during his two terms in office. The economic growth that resulted from tax cuts was a tenth of what Reagan's advisers predicted. The deficit as a percentage of GDP nearly doubled as a result of this lack of growth combined with the drastic cut in revenue the tax cuts caused.
===Foreign policy===
===Foreign policy===