Ronald Reagan D.C., and the fourth in Moscow. Reagan believed that if he could persuade the Soviets to allow for more democracy and free speech, this would lead to reform and the end of Communism. The critical summit was at Reykjavík in October 1986, where they met alone, with translators but with no aides. To the astonishment of the world, and the chagrin of Reagan's most conservative supporters, they agreed to abolish all nuclear weapons. Gorbachev then asked the end of SDI. Reagan said no, claiming that it was defensive only, and that he would share the secrets with the Soviets. No
Presidency of Ronald Reagan programs and priorities that had dominated the national agenda since the 1930s. Domestically, the Reagan administration enacted a major tax cut, sought to cut non-military spending, and eliminated federal regulations. The administration's economic policies, known as "Reaganomics", were inspired by supply-side economics. The combination of tax cuts and an increase in defense spending led to budget deficits, and the federal debt increased significantly during Reagan's tenure. Reagan signed the Tax Reform Act of 1986 (which simplified the tax code by reducing rates and removing several tax breaks) and the Immigration Reform and Control Act of 1986 (which enacted sweeping changes