The Presidency of Ronald Reagan By facebooker_100000119896528 Jan 20, 1981 Reagan is inaugurated Jan 20, 1981 52 American Hostages in Iran Feb 18, 1981 Reagan proposes increased defense spending and a tax decrease Mar 10, 1981 Reagan submits budget proposal to Congress for 1982 Mar 30, 1981 President Reagan is shot Apr 11, 1981 President Reagan is released after recovering from a gunshot wound Apr 24, 1981 Reagan lifts embargo act against Soviet Union Jul 7, 1981 Sandra Day O'Connell nominated to Supreme Court Aug 5, 1981 Reagan fires air traffic controllers for violating federal regulations against industry strikes Aug 13, 1981 Reagan signs tax cut into law Jan 26, 1982 Reagan calles for "New Federalism" in his State of the Union Address Jun 6, 1982 Reagan becomes the 1st U.S. President to address the combined House of Parliament Jun 11, 1982 Reagan visits West Berlin Sep 3, 1982 Reagan signs TEFRA Apr 20, 1983 Reagan signs the Social Security Reform Law Jul 1, 1983 Final phase of tax cut goes into effect Jan 25, 1984 Reagan's State of the Union Address for Congress to cooperate and reduce the deficit Aug 22, 1984 Reagn nominated to run a second term Nov 6, 1984 Reagan is re-elected for a second term Nov 19, 1985 Summit meeting with the Soviet Union Jan 11, 1989 Reagan's farewell