August 8, 2005
David E. Rosenbaum, in the NYT
(June 10, 2004):... In his 1980 campaign, Mr. Reagan promised to reduce taxes, increase military
spending and balance the budget mostly by eliminating waste, fraud and abuse
in the government. The first two promises were achieved in his first term. In 1981, Congress approved
a 25 percent reduction in income taxes and an increas