Big Battles on Two Fronts

Reagan fights Congress on the budget (again) and taxes

With the flourish of a man assured of his political popularity and the righteousness of his electoral mandate, the President last week threw down the gauntlet to Congress. Said Ronald Reagan at his press conference: "I am asking Congress today to deliver to my desk before the August recess not one, but two bills—a spending bill and a tax bill." Determined to alter the direction of Federal Government and, as he put it, "rescue the economy from high inflation and high unemployment," Reagan has become...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!