Tonight @ 8pm & 11pm ET: What happened to the Republican Party?

[CatWoman]

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[bottomofthehill]

1. They have been playing with fire for years.

The big money people have been funding the crazy and now their Frankenstein I’d free and they can’t stop it.

[Kid Berwyn]

2. Red Ink Ronnie, the Robin Hood in Reverse

Hope Fareed Z focuses on GOP hypocrisy.

Ronald Reagan

President Reagan took office in 1981. He added $1.412 trillion in deficits and almost doubled the debt during his eight years in office.6 He fought the 1982 recession by signing the Economic Recovery Tax Act of 1981. It reduced the highest marginal income tax rate from 70% to 50% and reduced the corporate income tax for small companies with taxable incomes of $50,000 or less.14

Reagan also increased government spending by 2.5% per year. That included a 35% increase in the defense budget and an expansion of Medicare.

Source: https://www.thebalance.com/deficit-by-president-what-budget-deficits-hide-3306151