Timeline #2 part 3 1980-2001

By TyFranke

  • 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

  • American Hostages released from Iran

  • Assassination Attempt on President Reagan by John Hinckley.

  • First AIDS Diagnosis

  • 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.

  • Sandra Day O'Connor.

    First female Supreme Court Justice is sworn into office.

  • CNN (Cable News Network) is launched

  • Equal Rights Amendment Fails

    Deadline for ratification passed without the required number of votes.

  • Vietnam Veterans Memorial

  • Invasion of Afghanistan by Soviet Union

  • 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

  • Mikhail Gorbachev becomes new leader of Soviet Union.

  • 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

  • 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

  • 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

  • Bomb in Garage of World Trade Center

  • 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

  • Panama Canal is transferred from the U.S. to Panama

  • George W. Bush becomes 43rd president.