by U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office in Washington .
Written in English
|Other titles||Impact of President Clinton"s ten year budget on the economy|
|Series||S. hrg. ;, 104-239|
|LC Classifications||KF25 .E2 1995f|
|The Physical Object|
|Pagination||iii, 78 p. :|
|Number of Pages||78|
|LC Control Number||96120517|
The economic policies of Bill Clinton, referred to by some as Clintonomics, encapsulates the economic policies of United States President Bill Clinton that were implemented during his presidency, which lasted from January to January President Clinton oversaw a very robust economy during his tenure. The U.S. had strong economic growth and record job creation. He raised . He had been elected in to fix the economy, and the very core of his economic plan--passed in his 1st year as president--had been a $ billion reduction in the federal deficit over 5 years. Laminated cards had been printed up to highlight his achievements. Lacking support on both sides, the healthcare bill was never passed and died in Congress. The reform effort finally ended in September Dislike of the proposed healthcare plan on the part of conservatives and the bold strategy laid out in the Contract with America enabled the Republican Party to win seven Senate seats and fifty-two House seats in the November elections. Hillary Clinton on National Debt Don't add a penny to the national debt Q: The nonpartisan Committee for a Responsible Federal Budget says, under your plan, debt would rise to 77% of GDP to 86% of GDP over the next 10 years.
One of Clinton's core missions as President, he often said, was to prepare Americans for a world in which global economic forces failed to respect national boundaries. Perhaps his greatest accomplishments, then, came in the area of economic globalization-—establishing several new regimes of free trade, with NAFTA and GATT. With budget deficits projected to explode by as much as $ billion annually and job losses as high as 3 million, the Clinton health care plan could mean economic disaster. PRESIDENT CLINTON: THE LARGEST BUDGET SURPLUS AND DEBT PAY-DOWN IN HISTORY "Today's good news is a result of hard-won economic choices that put our people first. That strategy has created the most prosperous economy in generations." President Bill Clinton . President Clinton unveiled the first balanced Federal budget in almost 30 years today, cashing in on five years of cautious accounting and steady economic growth to Author: James Bennet.
Conversely, in an open economy, a budget surplus doesn't have to mean the private sector is reducing its stock of assets or running up debt but Author: Karl Whelan. The U.S. economy solidly outperformed the other original NATO members during Clinton's two terms. Bill Clinton ranks third since WW2 in this regard. President Clinton's economic success was nearly unparalled. However, one of the major drivers was beyond his control- the dot-com boom. Find an answer to your question How did president Clinton's economic plan affect the federal budget in ? 1. Log in. Join now. 1. Log in. Join now. Ask your question. High School. History. 5 points angelvelasquez1 Asked 05/16/ How did president Clinton's economic plan affect the federal budget in ? Download png. See answers (2) Ask. In , President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment; (2) investing in people through education, training, science, and research; and (3) opening foreign markets so American workers can compete abroad.