Presidental Smore Project
Important Events During Presidency
There are so many important events, here are a few:
January 20, 1981
Reagan is inaugurated as the fortieth President of the United States.
March 10, 1981
Reagan sends budget proposal for fiscal year 1982 to Congress. The budget calls for spending $695.3 billion with a projected deficit of $45 billion. It includes funding cuts for 200 programs in addition to those cuts already proposed by President Carter.
July 7, 1981
Reagan nominates Sandra Day O'Connor to fill the seat of retiring Supreme Court justice Potter Stewart, making O'Connor the first woman to sit on the Supreme Court.
September 3, 1982
Reagan signs the Tax Equity & Fiscal Responsibility Act (TEFRA).
August 22, 1984
The Republican Party re-nominates Reagan and Bush for 1984 presidential election.
November 13, 1986
The White House informs Congress that the United States secretly sold arms to Iran in violation of federal laws prohibiting arms deals with Iran. The administration denies that the sales were part of an attempt to secure the release of American hostages held by Iranian-backed forces.