Reagan decides he does not want a compromise on tax reductions after all
Deal or fight? Ronald Reagan had pondered the question for weeks, as his aides and Democratic congressional leaders warily circled one another, trying to determine whether they could agree on some compromise tax-cutting bill. But last week the ritual came to an end, and the President made his decision: fight.
The bargaining process had brought the Democratic leaders who supposedly control the House of Representatives to meet him more than halfway. In particular, the Democrats had dropped their insistence on a one-year...