Reagan's Deficit Spending A Legacy of Debt

When the HIV/AIDS epidemic began in the 1980s, the Reagan administration's first reaction was chilling: It appeared to treat the epidemic as a joke. Reagan's last shutdown echoed the most controversial scandal of his career—the Iran-Contra Affair. In it, his administration illegally sold ... The quest to free American hostages in Lebanon ensnared the Reagan White House in a scandal that nearly ended the president's second term. The ... President Reagan instituted tax cuts, decreased social spending, increased military spending, and implemented market deregulation. Reaganomics was influenced by ... ... of arms to Iran by Republican President Ronald Reagan's administration and the unlawful diversion of the proceeds to Nicaraguan rebels. The Iran-Contra scandal, as it became known, did serious damage to the Reagan presidency—even though the lengthy investigations it spawned never decisively tied ... In September of 1986, President Ronald Reagan alongside his wife Nancy spoke to the nation in regard to their combined support to create strategies and policies ... While shipping arms to Iran violated the embargo, dealing with terrorists violated Reagan's campaign promise never to do so. Reagan had always been admired for ... IN RETROSPECT, the record of Ronald Reagan's presidency is increasingly shadowed by three huge scandals. The Reagan administration came to ... As president, Reagan continued in this vein, opposing affirmative action and busing programs while fighting to save tax exemptions for racially ...