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1998
Wiki User
∙ 12y ago
Bill Clinton did not technically balance the budget during his presidency. However, he did make significant progress in reducing the federal deficit, and his administration projected a balanced budget for fiscal year 1999. Ultimately, it was during the presidency of George W. Bush in 2001 that the United States experienced a brief period of budget surplus.
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What year did Bill Clinton daddy die?
what year did bill clinton's dad die
What year of the election did Bill Clinton win?
Bill Clinton won the presidency in the election of 1992.
What year did Bill Clinton began his 2nd year of office?
Bill Clinton began his 2nd year as president in 1994.
What year did Bill Clinton meet Hillary Clinton?
1973
What year was Bill Clinton's last Christmas in the White House?
Bill & Hillary Clinton's last Christmas in the White House was the Christmas of the year 2000.
What year did Bill Clinton sign the Brady Bill into law?
November 30th 1993, by signed into law by President Bill Clinton.
Did the National Debt increase when Bill Clinton was president?
No. Bill Clinton actually shrunk our national debt to almost nothing when he was president. This is incorrect. The national debt increased every year of the Clinton administration. In no year did it go down. What Clinton did is reduce the yearly DEFICIT, a couple of years. And even had a surplus budget in CONJUNCTION with a Republican controlled Congress. And that is good. But in no year was the surplus enough to offset the interest on the debt so the debt increased each year.
Which republican president balanced a budget?
Dwight Eisenhower was last Republican President to preside over a balanced budget. He had a balanced budget in 1956 and 1957. Since then, there have been two presidents to preside over balanced budgets, LBJ in 1969 and Clinton in 1998 through 2001. During the last 40 years there have been five budget surpluses, all five were under Democratic Presidents: 1969, 1998, 1999, 2000, and 2001. To clarify, congress authorizes the budget. Between 1955 and 1981 Democrats held majorities in both chambers of Congress. From 1981 - 1987 republicans controlled the Senate, while Democrats held onto the House and then regained the Senate while holding controlling the House as well from 1987 -1995. So the question is misleading in that the president alone cannot balance a budget. Congress has authority over financial and budgetary matters. One point that is often misunderstood is that the budget for a President's first year in office is set by the prior President. Thus the balanced budget of 1969 was due to LBJ's budget even though Nixon was president for most of the year. Eisenhower actually also balanced it in 1960. Before him there were three years after WWII b/c the war spending had stopped but the taxes and war controls were still in place. Before that it was Hoover in 1930 and before that it was Coolidge 1924-1929 (last president to balance it every year) and Harding 1921-1923.
What year was Bill Clinton inaugurated?
The first inauguration of Bill Clinton as the 42nd President of the United States was Wednesday, January 20, 1993.
What president was in office the year of 1997?
Bill Clinton
What year was Bill Clinton impeached?
He was impeached in 1998
What year did bill and Hillary Clinton marry?
1975
