-
Period: to
Reagan's Presidency
President Ronald Raegan's Presidency and the domestic and foreign policies that were put into place. -
Tax Cuts
Congress passes Reagan's tax bill. Instead of a 30% tax cut over three years, it is reduced to a 25% tax cut. -
New Supreme Court
President Reagan elects Sandra Day O'Connor into the Supreme Court, being the first woman ever to be elected. -
Fiscal Budget
Reagan submits his fiscal budget to Congress. The recession, tax cuts and increased defense outlays are blamed for a projected $189 billion budget gap. Reagan vows to "stay the course," rejecting advice to raise taxes or cut defense. -
Grenada Invasion
U.S. troops invade Grenada to oust Marxists who had overthrown the government, and to protect the U,S, medical students in the Carribean. -
U.S/USSR
President Reagan calls for a return to arms talks with the Soviet Union, -
Visit to France
President Reagan makes a visit to Normandy, France and gives an emotional speech commemorating the 40th anniversary of D-Day. -
Mondale Nomination
Walter Mondale accepts the Democratic presidential nomination and promises to raise taxes -
Summit in Soviet Union
President Reagan and Soviet leader Gorbachev hold a "fireside" summit in Geneva. They disagree on a Strategic Defense Initiaitve, but plan to meet again to discuss a 50% cut in nuclear arms. -
Meet with Soviets
After another meeting with the Soviet Union, they agree to start withdrawing troops from Afghanistan. -
Farewell Address
Reagan gives his farewell address to the nation, in which he says the so-called Reagan revolution "made a difference."