Friday, July 27, 2012

Bill Clinton - Wikipedia, the free encyclopedia

Clinton signed the Omnibus Budget Reconciliation Act of 1993 in August of that year, which passed Congress without a Republican vote. It cut taxes for fifteen million low-income families, made tax cuts available to 90% of small businesses,[59] and raised taxes on the wealthiest 1.2% of taxpayers. Additionally, through the implementation of spending restraints, it mandated the budget be balanced over a number of years.[60]

---SPSmith

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