bedowin62
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- Feb 6, 2014
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Check up on 1994 and the contract with America.Clinton had a Republican congress (the people that write the checks) and Bush ended up with Democrats, who voted for and funded those wars. Bush cut taxes for everyone, which has been extended except for the top bracket. You're suffering from a classic case of looking at the world with blinders on. Like all idiots.
Omnibus Budget Reconciliation Act of 1993 - Wikipedia, the free encyclopedia
Legislative history[edit]
Ultimately every Republican in Congress voted against the bill, as did a number of Democrats. Vice President Al Gore broke a tie in the Senate on both the Senate bill and the conference report. The House bill passed 219-213 on Thursday, May 27, 1993.[1] The House passed the conference report on Thursday, August 5, 1993, by a vote of 218 to 216 (217 Democrats and 1 independent (Sanders (I-VT)) voting in favor; 41 Democrats and 175 Republicans voting against).[2] The Senate passed the conference report on the last day before their month's vacation, on Friday, August 6, 1993, by a vote of 51 to 50 (50 Democrats plus Vice President Gore voting in favor, 6 Democrats (Lautenberg (D-NJ), Bryan (D-NV), Nunn (D-GA), Johnston (D-LA), Boren (D-OK), and Shelby (D-AL) now (R-AL)) and 44 Republicans voting against). President Clinton signed the bill on August 10, 1993.
Had nothing at all to do with what Clinton did legislatively that had a positive effect on the deficit and debt. Ultimately, Newt Gingrich was forced out of congress.
you're trying to say something without having the balls to come right out with it. you're implying that clinton's tax hike alone was responsible for the prosperty of the 90's. you dont have the balls to come out and say it because one, it's absurd, and two; it proves you idiots just see tax hikes as the "solution" to everything.
You're not very good at this, are you?
Clinton used a variety of methods to improve the economy.
You should have looked into it instead of remaining a blithering idiot. But that's what you do.Check up on 1994 and the contract with America.Clinton had a Republican congress (the people that write the checks) and Bush ended up with Democrats, who voted for and funded those wars. Bush cut taxes for everyone, which has been extended except for the top bracket. You're suffering from a classic case of looking at the world with blinders on. Like all idiots.
Omnibus Budget Reconciliation Act of 1993 - Wikipedia, the free encyclopedia
Legislative history[edit]
Ultimately every Republican in Congress voted against the bill, as did a number of Democrats. Vice President Al Gore broke a tie in the Senate on both the Senate bill and the conference report. The House bill passed 219-213 on Thursday, May 27, 1993.[1] The House passed the conference report on Thursday, August 5, 1993, by a vote of 218 to 216 (217 Democrats and 1 independent (Sanders (I-VT)) voting in favor; 41 Democrats and 175 Republicans voting against).[2] The Senate passed the conference report on the last day before their month's vacation, on Friday, August 6, 1993, by a vote of 51 to 50 (50 Democrats plus Vice President Gore voting in favor, 6 Democrats (Lautenberg (D-NJ), Bryan (D-NV), Nunn (D-GA), Johnston (D-LA), Boren (D-OK), and Shelby (D-AL) now (R-AL)) and 44 Republicans voting against). President Clinton signed the bill on August 10, 1993.
Had nothing at all to do with what Clinton did legislatively that had a positive effect on the deficit and debt. Ultimately, Newt Gingrich was forced out of congress.
No, Bill Clinton Didn't Balance the Budget
Let us establish one point definitively: Bill Clinton didn’t balance the budget. Yes, he was there when it happened. But the record shows that was about the extent of his contribution.
Many in the media have flubbed this story. The New York Times on October 1st said, “Clinton balances the budget.” Others have praised George Bush. Political analyst Bill Schneider declared on CNN that Bush is one of “the real heroes” for his willingness to raise taxes — and never mind read my lips. (Once upon a time, lying was something that was considered wrong in Washington, but under the last two presidents our standards have dropped.) In any case, crediting George Bush for the end of the deficit requires some nifty logical somersaults, since the deficit hit its Mount Everest peak of $290 billion in St. George’s last year in office.
And 1993 — the year of the giant Clinton tax hike — was not the turning point in the deficit wars, either. In fact, in 1995, two years after that tax hike, the budget baseline submitted by the president’s own Office of Management and Budget and the nonpartisan Congressional Budget Office predicted $200 billion deficits for as far as the eye could see. The figure shows the Clinton deficit baseline. What changed this bleak outlook?
Newt Gingrich and company — for all their faults — have received virtually no credit for balancing the budget. Yet today’s surplus is, in part, a byproduct of the GOP’s single-minded crusade to end 30 years of red ink. Arguably, Gingrich’s finest hour as Speaker came in March 1995 when he rallied the entire Republican House caucus behind the idea of eliminating the deficit within seven years.
As yes..the CATO institute.
again dimwit. what was the major item clinton did to improve the economy??