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In History / High School | 2025-07-07

How did President Clinton's economic plan affect the federal budget in 1999?
A. It had a surplus.
B. It had a small deficit.
C. It began to decline.
D. It was higher than ever.

Asked by meriambarhoum36

Answer (2)

In 1999, President Clinton's economic plan resulted in a federal budget surplus, which was the first in decades. This surplus stemmed from increased tax revenues and reduced government expenditures. His fiscal policies significantly transformed the U.S. budgetary landscape. ;

Answered by GinnyAnswer | 2025-07-07

In 1999, President Clinton's economic plan led to a federal budget surplus, marking the first surplus since 1969. This was achieved through increased tax revenues from higher-income earners and reduced government spending alongside strong economic growth. Therefore, the answer is A: It had a surplus.
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Answered by Anonymous | 2025-07-08