Reaganomics: Tax Cuts, Deregulation, and Privatization (1981–1989)

1. Pre-Reagan deregulation sets the stage

   Oct 24, 1978Labels: Airline deregulation, Rail reform

   • Airline Act
   • Staggers Act
   • Motor Carrier

2. Congress expands financial competition in 1980

   Mar 31, 1980Labels: Depository Institutions, Federal Reserve

   • Fed History
   • Fed Statute
   • Congress gov

3. Reagan orders centralized review of new regulations

   Feb 17, 1981Labels: Executive Order, Office of

   • NARA EO 12291
   • Reagan Library
   • NARA EO list

4. PATCO firings signal tougher stance on organized labor

   Aug 5, 1981Labels: PATCO, Labor relations

   • History PATCO
   • Washington Post

5. Budget reconciliation advances domestic spending cuts

   Aug 13, 1981Labels: Omnibus Budget, Domestic spending

   • OBRA 1981
   • Congress gov

6. Economic Recovery Tax Act creates sweeping tax cuts

   Aug 13, 1981Labels: Economic Recovery, Supply-side economics

   • Congress gov ERTA
   • Britannica ERTA
   • History ERTA

7. DOJ issues 1982 Merger Guidelines amid deregulation push

   Jan 1, 1982Labels: DOJ Merger, Antitrust Division

   • DOJ Guidelines

8. TEFRA partially reverses ERTA as deficits rise

   Sep 3, 1982Labels: TEFRA, Deficit concerns

   • SSA TEFRA
   • TEFRA summary

9. Garn–St Germain Act expands thrift and mortgage powers

   Oct 15, 1982Labels: Garn St, Savings and

   • Garn St Germain

10. Reagan makes tax-code simplification a second-term priority

    Jan 1, 1985Labels: Tax code, Second term

    • Britannica TRA
    • Reagan speech

11. Tax Reform Act of 1986 overhauls rates and loopholes

    Oct 22, 1986Labels: Tax Reform, Bipartisan tax

    • Britannica TRA
    • Reagan Library

12. Reagan creates President’s Commission on Privatization

    Sep 2, 1987Labels: Commission on, Executive Order

    • EO 12607

13. Reagan leaves office with larger deficits and enduring policy shift

    Jan 20, 1989Labels: Reagan presidency, Fiscal legacy

    • Britannica TRA
    • NARA EO list