deficit as percentage of GDP : LUSENET : Economic History (and Related Observations) : One Thread

In view of the discussion of deficits as lower % of GDP than in Reagan's administration, I recently was informed that he was upset enough about the 6% deficit/GDP that he threatened to raise taxes. I had not heard of this before(or forgot). Any truth to it, nd did he raise taxes? Thanks

-- jeffrey block (, February 04, 2004

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