Now It's History

Now It's History

What Musk, Ramaswamy and Vought are trying to do

There's a precedent for the extreme budget cutters, and it carries lessons for today

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Richard Galant
Nov 25, 2024
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David Stockman, right, carries briefing books as he walks with President Ronald Reagan and other advisers in 1983. (White House photo.)

In 1980, a little-known young congressman from Michigan caught the attention of presidential candidate Ronald Reagan by impersonating a rival in a mock debate.

His performance was so good that Reagan’s team asked him to …

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