how did congress cooperate economically withthe reagan administration
The Congress was not as sure as Reagan, but they did approve a 25% cut during Reagan's first term. The results of this plan were mixed. Initially, the Federal Reserve Board believed the tax cut would re-ignite inflation and raise interest rates.pon taking office, Reagan called for a phased 30% tax cut, but Congress would only agree to a 25% cut. The media called it Reaganomics. During the campaign of 1980, Ronald Reagan announced a recipe to fix the nation's economic mess.