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rod03801: as you said upto Reagan. Raygun gave America more debt than the previous 200 years of American government.
"FORCED cuts in spending are VITAL."
Ok.. so why is the Republicans against raising taxes a little? Here in the UK VAT has been increased so everyone pays. The more you spend, the more you pay.
What's a percent or two to someone with $10 million+ in their account? One less bottle of champers??