Reagan's Other Wound: The Budget

May 1981
National Review;5/1/1981, Vol. 33 Issue 8, p467
The article comments on the state of the budget proposed by U.S. President Ronald Reagan as of May 1981. It criticizes the position of Senate Budget Committee Chairman Pete Domenici on the budget proposal. It argues that if action is delayed on the president's budget proposal, it might be overtaken by a recession that has been perceived by monetarists since November 1980. It contends that speculations about the willingness of the Reagan administration to compromise on its tax bill could be signs of confusion.


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