Abstracts » Business, general

Clinton proposes $1.61 trillion budget for fiscal 1996; middle-class tax relief offered

Article Abstract:

Pres Clinton put less emphasis on deficit reduction in his FY 1996, budget and proposed tax cuts totaling $62.7 billion over five years. The tax cuts were aimed at middle-class families, and will increase deductions for children, IRA accounts and tuition.

Planning, Tax reform, Government spending policy

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Clinton budget resolutions clear Congress

Article Abstract:

The House on Mar 18, 1993, and the Senate on Mar 25, 1993, passed budget resolutions supporting Pres Clinton's economic proposals designed to reduce the federal deficit. A $16.2 billion short-term stimulus bill was also passed by the House.

United States. Congress. Senate

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Clinton budget measure passes narrowly in House

Article Abstract:

The House passed Pres Bill Clinton's budget reconciliation bill by a vote of 219 to 213 on May 27, 1993. The bill was intended to reduce the budget deficit by $500 billion by FY 1998 through spending cuts and tax increases.

Laws, regulations and rules

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