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Old 07-18-2011, 07:40 PM
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Quote:
Originally Posted by MS Fowler View Post
What legislation?
The one that authorized Ronald Reagan to raise the debt ceiling. The quote is from President Reagan's November 1983 letter to Senate Majority Leader Howard Baker, Jr.

And now class . . . how many times was the debt ceiling raised while Reagan was president? If you think it's 17, you're smarter than most of those currently in Congress.
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