[lucysmom]

This is what happened in the 80s under Reagan.

Revenues did not grow as a result of Reagan's tax cuts, but but as a result of the INCREASE in payroll TAXES that followed his tax cuts. I certainly remember noticing the hit to my take home pay!

We hope that the economy will grow and revenues will grow sufficiently to meet expenditures, however we have had three years now of growing expenditures and reduced revenues.

[sinkspur]

Revenues did not grow as a result of Reagan's tax cuts, but but as a result of the INCREASE in payroll TAXES that followed his tax cuts.

You're just flat wrong about this; see the CBO figures from 1984. Lower taxes, get more tax revenue. That's the way it works.