FILE - In this Aug. 14, 1981, file photo, President Ronald Reagan shows his boot following the signing of his tax bill at his California vacation home, Rancho del Cielo, near Santa Barbara, Ca. Reagan might as well be sitting in on the troubled debt talks of 2011, so frequently is his memory invoked by both sides. But for vastly different reasons. Conservative Republicans praise the 40th president's steely advocacy for smaller government and lower taxes. President Barack Obama and his Democratic allies praise Reagan because, they say, he was the sublime compromiser, willing to work with Democrats to forge landmark tax and Social Security deals and willing to raise the federal debt ceiling so the government could keep borrowing to pay its bills. (AP Photo/File)
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