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→Other events: Other events -- >Foreign policy
Fueled by an over spending Congress that steadfastly refused Reagan's budget proposals, the national debt increased 160% during his two terms in office. The economic growth that resulted from tax cuts made deficits as a percentage of GDP lower than what they had been in during the previous decade of stagflation.
Fueled by an over spending Congress that steadfastly refused Reagan's budget proposals, the national debt increased 160% during his two terms in office. The economic growth that resulted from tax cuts made deficits as a percentage of GDP lower than what they had been in during the previous decade of stagflation.
===Other events===
===Foreign policy===
In 1985, after Reagan won reelection to his second term, the focus turned from reviviing the domestic economy to several foreign policy matters which had been lingering throughout the decade. One such matter involved Iran, a long time ally of the Western Allies since 1941 that had experienced an Islamic Revolution in 1979 after President Carter announced [[Human Rights]] had superseded [[Containment]] as the primary focus of American foreign policy. Since 1980 Iran had been enmeshed in a brutal trench war with neighboring Iraq which was emerging as a potent military threat in the region to other allies. Members of the National Securirty Council staff, along with CIA Director [[William Casey]], persuaded Reagan much could be gained and several problems could be addressed simulataneousluy with an overture to Iran to restore relations.
In 1985, after Reagan won reelection to his second term, the focus turned from reviviing the domestic economy to several foreign policy matters which had been lingering throughout the decade. One such matter involved Iran, a long time ally of the Western Allies since 1941 that had experienced an Islamic Revolution in 1979 after President Carter announced [[Human Rights]] had superseded [[Containment]] as the primary focus of American foreign policy. Since 1980 Iran had been enmeshed in a brutal trench war with neighboring Iraq which was emerging as a potent military threat in the region to other allies. Members of the National Securirty Council staff, along with CIA Director [[William Casey]], persuaded Reagan much could be gained and several problems could be addressed simulataneousluy with an overture to Iran to restore relations.