Without even realizing it, the Washington Post's Glenn Kessler has done a great service for the conservative movement and the interests of taxpayers. For the first time, we have in one place—citable in a mainstream news source—definitive proof that President Reagan was tricked into agreeing to a phony spending cut/real tax hike deal. The minor detail that the fact checker draws the wrong conclusion is as immaterial as it is expected—for most fact checkers, the Republican is wrong even when he’s right.
We have an excerpt from Reagan’s memoirs. We have a quote from a Reagan nationally-televised speech. We have numbers broken out showing that the deal was, in fact, $3 in spending cuts for every $1 in tax hikes. We have quotations and descriptions of how Senator Bob Dole (R-Kan.) and OMB Director David Stockman basically knew all along that the spending cuts were phony. We have Secretary of Defense Cap Weinberger willfully refusing to implement the phony spending cuts. We have Dole writing a letter to the President desperately seeking to assure him that he didn’t just get his wallet lifted, thank you very much. We even have Jack Kemp as the taxpayer hero, detailing for the President the whys and wherefores of how he got sold a bill of goods.