Reaganomics and U.S. federal economic policy shifts (1981–1989)

1. Reagan takes office amid stagflation concerns

   Jan 20, 1981Labels: Ronald Reagan, Stagflation

   • White House
   • Reagan Library

2. PATCO strike and mass federal firings

   Aug 5, 1981Labels: PATCO, Air Traffic

   • Washington Post
   • PATCO Wiki

3. Economic Recovery Tax Act launches major tax cuts

   Aug 13, 1981Labels: Economic Recovery, Individual Tax

   • Britannica
   • Congress ERTA

4. OBRA 1981 enacts large domestic spending cuts

   Aug 13, 1981Labels: Omnibus Budget, Domestic Spending

   • Congress OBRA81
   • OBRA81 Wiki

5. TEFRA partially reverses earlier tax reductions

   Sep 3, 1982Labels: TEFRA, Deficit Response

   • Congress TEFRA
   • TEFRA Wiki

6. Garn–St. Germain Act expands financial deregulation

   Oct 15, 1982Labels: Garn St, Savings and

   • Congress PL97 320
   • Garn St Germain

7. Social Security Amendments address financing shortfall

   Apr 20, 1983Labels: Social Security, Bipartisan Reform

   • SSA History
   • Congress PL98 21

8. Deficit Reduction Act continues revenue and spending adjustments

   Jul 18, 1984Labels: Deficit Reduction, Congress

   • Congress DRA84
   • ERTA summary

9. Gramm–Rudman–Hollings sets deficit targets and sequestration

   Dec 12, 1985Labels: Gramm Rudman, Sequestration

   • Reagan Library
   • Congress PL99 177
   • GRH Wiki

10. Supreme Court limits Gramm–Rudman enforcement design

    Jul 7, 1986Labels: Bowsher v, Supreme Court

    • Oyez
    • Justia

11. Tax Reform Act simplifies code and lowers top rates

    Oct 22, 1986Labels: Tax Reform, Tax Code

    • Congress TRA86
    • TRA86 Wiki

12. OBRA 1987 advances deficit reduction via reconciliation

    Dec 22, 1987Labels: OBRA 1987, Reconciliation

    • Congress PL100 203
    • OBRA87 Wiki

13. Reagan leaves office with policy shift entrenched

    Jan 20, 1989Labels: Reagan Presidency, Reaganomics

    • Reagan Library
    • Britannica