The bill by President George W. Bush EGTRRA called for large tax cuts similar to Economic Recovery Act of 1981 by President Reagan.
The assumptions behind the theory used as a basis by President Reagan to lower the taxes of big companies was Laffer's theory. This states that when an industry is charged with more tax, it suppresses their capability to produce more products. Since more products mean more tax. If the tax collection is lowered, this will result in higher production and is good for the country's economy. Also, they thought that the previous tax collection is more than what the government needs.
The congressional budget office communicates with congress on the budget
The Soviet Union’s means of cutting off Eastern Europe from the rest of the world and turning them communist.
It is believed to be Viking artifact, evidence of them not only coming to North America (confirmed with L'Anse Aux Meduses, Newfoundland, Canada) but to the US itself also
Although the Equal Rights Amendment (ERA) had strong popular support when it passed both the House and the Senate in 1972, it failed to become a constitutional amendment because the feminist movement had made so many gains in eliminating gender discrimination.
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Failure of Equal Rights Amendment (ERA)</h3>
- The feminist movement had achieved so much in the fight against sexism in areas like employment and education that it did not necessarily seem necessary for the Equal Rights Amendment (ERA) to pass both the House and the Senate in 1972, despite the fact that it had strong public support at the time. As a result, the ERA did not become a constitutional amendment.
- The Equal Rights Amendment ultimately failed to be ratified by the required 38, or three-fourths, of the states by the deadline set by Congress because of a conservative backlash against feminism.
- Because a state's legislature must pass it through both houses in the same session in order for it to be considered ratified, it failed in those states.
To learn more about the Equal Rights Amendment refer to:
brainly.com/question/19040257
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