The first time we had 'one big, beautiful bill' we called it Reaganomics

Budget reconciliation may not be catchy, but it's been a vital tool for many presidents, including Ronald Reagan, whose first federal budget was a watershed in the history of federal fiscal policy.

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The first time we had 'one big, beautiful bill' we called it Reaganomics
Close-up photo of pinback button with text reading Reagan, Let

Budget reconciliation may not be catchy, but it's been a vital tool for many presidents, including Ronald Reagan, whose first federal budget was a watershed in the history of federal fiscal policy.

(Image credit: Smith Collection/Gado/Sipa USA)

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