The Deficit Explosion Reagan's Spending Legacy

239K subscribers in the Presidents community. A subreddit discussing presidents of the United States. Moreover, there were 200 people in the Reagan Administration that were under ethical and criminal investigations. The savings and loan scandals, ... In his first months in office, President Reagan approved covert training of anti-Sandinista rebels (called "contras"). While the contras waged war on the ... The Watergate scandal of Richard Nixon's presidency reaffirmed this belief. Upon the resignation of President Nixon, his vice presi- dent, Gerald Ford ... Carter, the 38th president, lost his bid for re-election in 1980 to Reagan amid voter disdain for Carter's handling of the Iran hostage crisis ... The Reagan administration announces trade embargo against Nicaragua in an attempt to undermine the Sandinista government. This embargo was later found to be in ... In March 1981, only two months after swearing the oath of office, President Ronald Reagan was seriously wounded by an assassin's bullet. At the same time, President Reagan appointed former Sen. John Tower to lead an independent commission to evaluate the Iran-Contra matter.[15] In addition, ... The biggest scandal of the Reagan years, and the most significant constitutional crisis since Watergate, was the Iran-Contra affair. Consider the Reagan administration's scheme to use Iranian arm sales to fund the Nicaraguan Contras. All the attributes for a Watergate-style ...