History of the United States (1964–1980)
The growing Watergate scandal was a major disaster for Nixon, eroding his political support in public opinion and in Washington. However he did manage to secure large-scale funding for South Vietnam, much of which was wasted. The United States withdrew its troops from Vietnam before the Paris Peace Accords in 1973. However, Watergate resulted in significant Democrat gains in the 1974 midterm elections and when the new 94th Congress convened the following January, it immediately voted to terminate all aid to South Vietnam in addition to passing a bill forbidding all further US military intervention in Southeast Asia. President Ford was against this, but as Congress had a veto-proof majority, he was forced to accept. South Vietnam rapidly collapsed as the North invaded it in force, and Saigon fell to the NVA on April 30, 1975. Later nearly one million Vietnamese managed to flee to the U.S. as refugees. The impact on the U.S. was muted, with few political recriminations, but it did leave a "Vietnam Syndrome" that cautioned against further military interventions anywhere else. Nixon (and his next two successors Ford and Carter) had dropped the containment policy and were not willing to intervene anywhere.
Vietnam War
On 15 January 1973, all U.S. combat activities were suspended. Lê Đức Thọ and Henry Kissinger, along with the Provisional Revolutionary Government (PRG, the Viet Cong's government) Foreign Minister Nguyễn Thị Bình and a reluctant President Thiệu, signed the Paris Peace Accords on 27 January 1973. This officially ended direct U.S. involvement in the Vietnam War, created a ceasefire between North Vietnam/PRG and South Vietnam, guaranteed the territorial integrity of Vietnam under the Geneva Conference of 1954, called for elections or a political settlement between the PRG and South Vietnam, allowed 200,000 communist troops to remain in the south, and agreed to a POW exchange. There was a sixty-day period for the total withdrawal of U.S. forces. "This article", noted Peter Church, "proved… to be the only one of the Paris Agreements which was fully carried out." All US forces personnel were completely withdrawn by March 1973.