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New Right
A conservative movement that supported Reagan and embraced morality, conservative economics and politics and become one of the most powerful movements in U.S. history. -
Ronald Reagan becomes 40th president
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American Hostages released from Iran
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Assassination Attempt on President Reagan by John Hinckley.
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First AIDS Diagnosis
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Tax Cuts
President Reagan's tax cuts approve by Congress -
Air Traffic Controller Strike
PATCO organized a strike for air traffic controllers for better pay and working conditions. -
Personal Computers released by IBM.
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Sandra Day O'Connor.
First female Supreme Court Justice is sworn into office. -
CNN (Cable News Network) is launched
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Equal Rights Amendment Fails
Deadline for ratification passed without the required number of votes. -
Vietnam Veterans Memorial
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Invasion of Afghanistan by Soviet Union
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Boland Amendment
U.S. House of Representatives bans President Reagan from aiding contras in Nicaragua. -
Reagan's Star Wars Program.
Designed to shoot down Soviet missiles with a space based system. -
Operation Urgent Fury
President Reagan authorizes American Marines to overthrow leftist government of Grenada. -
Ronald Reagan serves 2nd term
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Mikhail Gorbachev becomes new leader of Soviet Union.
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Farm Aid
Concert organized by musicians like Willie Nelson and Neil Young to raise money for farmers struggling during the farm crisis when interest rates and foreclosures soared. -
NASA Space Shuttle Challenger Explodes
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Tax Reform Act
Eliminated loopholes, lowered corporate tax rates, and simplified the tax code. -
Immigration Reform and Control Act
Law established a system for verifying legal status and made it illegal to hire undocumented individuals. -
Iran-Contra Plans Revealed
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Reagan at the Berlin Wall
Reagan challenges Gorbachev to tear down the Berlin Wall -
Black Friday
Stock Market plunges 800 points which was the worst decline in Wall Street history. -
INF Treaty Signed
The Intermediate-Range Nuclear Forces Treaty signed by Reagan and Soviet leader Gorbachev. -
George H.W. Bush
George H.W. Bush sworn in as 41st president. -
S&L Bailout
President Bush approves a bailout plan for hundreds of savings and loan companies that had gone out of business. -
Desert Storm
U.S. leads international military operation in Persian Gulf to drive Iraqis out of Kuwait. -
START I Treaty
Gorbachev and President George H.W. Bush agree to a reduce nuclear arms. -
End of Soviet Union
Soviet Union is dissolved and Cold War ends. -
Bill Clinton becomes 42nd president
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Bomb in Garage of World Trade Center
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NAFTA
North American Free Trade Agreement goes into effect which established the largest free trade zone between Canada, Mexico, and the United States. -
Diplomatic Relations with Vietnam
President Clinton establishes full diplomatic relations with Vietnam. -
Partial Shutdown of Government
President Clinton and Congress come to a standoff over the budget which results in a partial shutdown of the United States government -
Bill Clinton sworn in for a 2nd term
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Panama Canal is transferred from the U.S. to Panama
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George W. Bush becomes 43rd president.