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poor. Cutting taxes (act) economic recovery and tax actReaganomics: stimulate business activity by lowering taxes overall and slashing rates for the ______. wealthy. Reaganomics: ERTA meant less money for federal programs and more money in the hands of _______ and investors to stimulate economic growth.

consumers. How much national debt did the U.S. have by ? trillion. What were 5 characteristics of George H.W.

Bush? -WWII bomber. -Involved in oil industry. -Was a Congressman.

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-Was the head of the CIA. -Was VP under Reagan. Who did Bush run against in the Election? Start studying Reagan and Bush. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Reagan and Bush. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. rabrock Terms in this set (15) Problems in the 's Unemployment and inflation were high Arab Nations were raising the oil prices began to doubt their place in. Aug 24, Comparing the size of these tax cuts with the federal budget shows that the Kennedy’s tax cuts represented percent of the budget.

InReagan’s tax cuts represented percent of the budget. Each of Bush’s tax cuts are smaller than Reagan’s- EGTRRA ( percent), JCWA ( percent) and the Tax Cut ( percent).