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Inauguration
Inaugural Address: oldest man to assure presidency. -
Iran Hostage Ends
A diplomatic crisis between Iran and the United States where 66 U.S. diplomats were held hostage for 444 days from after a group of Islamist students took over the American embassy in support of the Iranian revolution. -
Economic Program
Reagan presents an economic program that includes $41.4 billion in budget cuts and a 30% tax cut over 3 years. -
Economic Tax Recovery Act
Reagan introduces the Economic Tax Recovery Act. -
Presidential Council on Integrity and Efficiency
Mr. Reagan signs an executive order creating the Presidential Council on Integrity and Efficiency, which looks for corruption and ineffiencies in the federal government. -
Assassination?
An attempt to assassinate Reagan is made. -
Bush
Bush acts as president during Reagan's recovery. -
Columbia
Astronauts Robert Crippent and Jon Young aboard the space shuttle, Columbia. It makes its maiden voyage, orbiting the earth 36 times. -
Grain Shipments to USSR
Reagan lifts the 15 month embargo on grain shipments to the USSR. -
Hero's Welcome
Reagan appears before Congress for the 1st time since the assassination attempt, receiving a hero's welcome.
