asked 208k views
3 votes
Even though Reaganomics worked for the most part, what two things caused the Federal deficit to soar? bailing out savings and loan companies too many people unable to pay high taxes huge growth in defense spending too many Federal government regulations

asked
User Imarban
by
7.5k points

2 Answers

3 votes

Answer:

bailing out savings and loan company's

huge growth in defense spending

answered
User Vangel
by
7.4k points
5 votes
The two things from this list that caused the Federal deficit to soar would be "too many Federal government regulations" since it is these regulations that stopped things like a second economic depression and recession from happening.
answered
User Pun
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8.4k points
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