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.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
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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.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
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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.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
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- Abstracts: Apple Computer posts $132 million net for its 3rd period on 14% sales gain
- Abstracts: MCI posts $391 million loss on charge for restructuring, with revenue strong. AT&T posts loss of $2.68 billion; quarter's deficit tied to revamping costs; some areas improve
- Abstracts: Clinton endorses eased military ban on homosexuals. Clinton compromises on lifting military ban on gays. Clinton signals compromise on homosexuals in the military
- Abstracts: Consumer prices rose 2.9% in 1992. Consumer prices rose 2.7% in 1994. Consumer prices rose 2.5% in 1995
- Abstracts: Clinton vetoes Interior spending bill. Clinton vetoes stopgap spending, debt ceiling bills; partial government shutdown results