Ronald Reagan 1980 presidential campaign clinch the nomination for the Republican Party. His opponent in the general election, incumbent President Jimmy Carter, passed the delegate threshold to become the presumptive nominee of his party on June 3. On May 26, George H. W. Bush, Reagan's remaining opponent for the Republican nomination, conceded defeat and urged his supporters to back Reagan. Ronald Reagan's choice for vice presidential running mate had been a subject of speculation since the end of the primaries. When former President Gerald Ford revealed in a CBS interview with Walter Cronkite that he was seriously considering the vice presidency, Ford garnered a great
Ronald Reagan Heritage award for his support of the U.S. Navy and military in both his film career and while he served as president. Congress authorized the creation of the Ronald Reagan Boyhood Home in Dixon, Illinois in 2002, pending federal purchase of the property. On May 16 of that year, Nancy Reagan accepted the Congressional Gold Medal, the highest civilian honor bestowed by Congress, on behalf of the president and herself. After Reagan's death, the United States Postal Service issued a President Ronald Reagan commemorative postage stamp in 2005. Later in the year, CNN, along with the editors of "Time" magazine,