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42Inside the Presidency of Bill Clinton$
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Michael Nelson, Barbara A. Perry, and Russell L. Riley

Print publication date: 2016

Print ISBN-13: 9780801454066

Published to Cornell Scholarship Online: January 2017

DOI: 10.7591/cornell/9780801454066.001.0001

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Root Canal Politics

Root Canal Politics

Economic Policy Making in the New Administration

Chapter:
(p.104) 4 Root Canal Politics
Source:
42
Author(s):

Brendan J. Doherty

Publisher:
Cornell University Press
DOI:10.7591/cornell/9780801454066.003.0004

This chapter focuses on the enactment of Clinton’s landmark economic plan in 1993. The early economic policy decisions and the battle for the 1993 budget set the stage for economic policy making for the rest of the Clinton administration. The budget bill also had a number of important consequences, both political and economic. The bitter partisan fight over the 1993 budget led to a split among Democrats about whether to strike a deal with the Republicans in 1997 to balance the budget. On the other hand, the full economic consequences of the 1993 budget bill took longer to be felt than did its political effects. But over time, Clinton’s team began to see actual reduction of the budget deficit.

Keywords:   1993 budget bill, economic policy, Clinton administration, budget deficit

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