Good evening everybody, thank you all so much for joining us today. It is my pleasure to welcome everybody to todays event, a celebration of the 40 Year Anniversary of the reagan tax cuts. I am Matt Dickerson director of the program for federal budget here at the Heritage Foundation. Our team and i focus our research on issues related to taxing and spending, which i think theres been a little too much of both of those going on recently. We are very excited to be hosting this event, the celebration. The economic recovery tax act, positive change to tax policy that represents a much more of that. Its a change in the mindset. The 1970s were time of high inflation, high unemployment, low opportunity. Our nations leaders rejected the idea of american greatness and thought the American Dream was behind us. Thirty years ago the Heritage Foundation hosted a celebration for the tenth anniversary of the tax cut. It was titled the importance of americas victory over washington. Think about that f
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