Question

Even though Reaganomics worked for the most part, what two things caused the Federal deficit to soar? bailing out savings and loan companies too many people unable to pay high taxes huge growth in defense spending too many Federal government regulations

Answer 1

bailing out savings and loan company's

huge growth in defense spending

Answer 2

The two things from this list that caused the Federal deficit to soar would be "too many Federal government regulations" since it is these regulations that stopped things like a second economic depression and recession from happening.