What effect have both the Reagan and Bush plan of lowering taxes and the Obama economic stimulus plan of greater spending had on the federal budget?

a. They both increased the public debt.

b. They both reduced the debt.

c. They both balanced the budget.

d. They both reduced the deficit.

Question

18 December, 08:26

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Jon Frazier · Answer 1

The answer is a. They both increased the public debt.

What effect have both the Reagan and Bush plan of lowering taxes and the Obama economic stimulus plan of greater spending had on the federal budget?a. They both increased the public debt.b. They both reduced the debt.c. They both balanced the budget.d. They both reduced the deficit.