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The Inauguration of President Reagan
Ronald Wilson Reagan is sworn in at capitol hill after trying to gain the presdency twice before. He beat Jimmy Carter by a landslide margin and sent Carter packing for Georgia. -
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Presidency of Ronald Reagan
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Assination Attempt on Reagan
After dilivering an address to the AFL-CIO, President Reagan is shot out side the Washington Hilton by John Hinkley, Jr. Hinkley is a mentally troubled man trying to impress actress Jody Foster. -
Tax Cuts
The Reagan administration passed bills from 1981 to 1986 so that the top income tax rate was cut from 70% to 28%. -
Second Inauguration of President Reagan
Reagan is sworn in inside the capitol due to extremely cold temperature outside. Chief Justice of the Supreme Court Warren Burger swears in the president. -
First Summit with Gorbachev
For the first time in eight years, the leaders of the Soviet Union and the United States hold a summit conference. Meeting in Geneva, President Ronald Reagan and Soviet leader Mikhail Gorbachev met with and the summit ended in a stale mate -
Second Summit
The October 1986 summit between Reagan and Gorbachev, in Reykjavik, Iceland, also ended in a stalemate. -
Tax Reform Act of 1986
The U.S. Congress passed the Tax Reform Act of 1986 to simplify the income tax code, broaden the tax base and eliminate many tax shelters and other preferences. -
"Tear Down This Wall"
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Third Summit
At the third summit in Washington, DC, in December 1987, Gorbachev yielded to Reagan's terms. The USSR was in dire economic straits, and Gorbachev needed a respite from the arms race. -
INF Treaty Signed
Reagan and Gorbachev signed the INF Treaty in Washington, in 1987, the first treaty to reduce the number of nuclear weapons. -
Reagan's Last Day as President
Reagan leaves Washington, D. C. after one of the most successful presdencies in recent American history.