Deficit Rise News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Through to get what he needed. >> jimmy carter's last budget was 34, 36 billion in debt. turns out reagan's first budget turned out to be 110 billion in debt. and each successive year, the deficit rose through his good turns. why did the deficit rise. spending rose more dramatically under reagan than it did under carter. reagan is a conservative. carter is a liberal. not necessarily always what it seems. >> mother jones magazine reported on the videos today. no matter what you think of rand paul's politics. son some of the issues he is a rare fact checker in the gop caucus. the party is not ju...

Taxes and she increased the consumption tax, the v.a.t. she took deficit reduction very seriously. if that meant cutting social programs, she was perfectly happy to do it she slashed the value, the equivalent of social security. she slashed the value of welfare benefits, she was willing to take on unpopular decisions. republicans love to talk about cutting taxes and cutting spending, they're happy to ultimately to see the deficit rise rather than taking unpopular decisions. >> and let's talk about that, frank. >> that's a great point. this is one core difference between thatcher's tories and r...