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Clinton presented his budget plan to Congress in February 1993, proposing a mix of tax increases and spending reductions that would cut the deficit in half by 1997. [10] Republican leaders strongly opposed any tax increase and pressured congressional Republicans to unite in opposition to Clinton's budget, [ 11 ] and not a single Republican ...
In proposing a plan to cut the deficit, Clinton submitted a budget and corresponding tax legislation (the final, signed version was known as the Omnibus Budget Reconciliation Act of 1993) that would cut the deficit by $500 billion over five years by reducing $255 billion of spending and raising taxes on the wealthiest 1.2% of Americans. [5]
During his speech, President Clinton proposed tax increases and spending cuts intended to reduce the federal deficit by 38 percent over four years while revitalizing the nation's economy. [ 1 ] [ 2 ] The President hailed the upcoming completion of the North American Free Trade Agreement .
Clinton presented his budget plan to Congress in February 1993, proposing a mix of tax increases and spending reductions that would cut the deficit in half by 1997. [31] Republican leaders strongly opposed any tax increase, and they pressured congressional Republicans to unite in opposition to Clinton's budget, [ 32 ] and not a single ...
As Donald Trump declared a $916 million dollar loss in 1995 that experts say could have let him avoid federal income taxes for nearly two decades, Hillary Clinton and her husband paid $75,437 in ...
When Bill Clinton began his first term as president in 1993, he faced a challenge to his authority from an unexpected adversary: bond traders. Low taxes and high defense spending over the prior ...
First Lady Hillary Clinton at her presentation on health care in September 1993. According to an address to Congress by then-President Bill Clinton on September 22, 1993, the proposed bill would provide a "health care security card" to every citizen that would irrevocably entitle them to medical treatment and preventative services, including for pre-existing conditions. [2]
Hillary Rodham Clinton is proposing a new tax break for people caring for aging parents and grandparents.