aug 11, 1986 - Iran-Contra Affair

Description:

(1986–1987) — A scandal that erupted after the Reagan administration sold weapons to Iran in hopes of freeing American hostages in Lebanon; money from the arms sales was used to aid the Contras (anti-Communist insurgents) in Nicaragua, even though Congress had prohibited this assistance. Talk of Reagan’s impeachment ended when presidential aides took the blame for the illegal activity.

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