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Which statement best describes one effect of President Bill Clinton's domestic policies?

a) President Clinton's policies led to a significant reduction in government spending.
b) President Clinton's policies contributed to a budget surplus during his presidency.
c) President Clinton's policies had little impact on the U.S. economy.
d) President Clinton's policies increased income inequality among Americans.

User Venitia
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1 Answer

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Final answer:

President Clinton’s policies contributed to a budget surplus due to increased tax revenue and budget cuts, paired with economic expansion and welfare reform influenced by Republican ideas.

Step-by-step explanation:

The most accurate statement that describes one effect of President Bill Clinton's domestic policies is that his policies contributed to a budget surplus during his presidency. During Clinton's tenure, the nation witnessed the longest period of economic expansion in history, which included job growth and a significant decrease in the deficit. Increased tax revenue, along with budget cuts, resulted in the transformation of an annual national budget deficit of close to $290 billion in 1992 to a record surplus of over $230 billion in 2000.

Furthermore, Clinton enacted reforms that were influenced by Republican ideas, such as welfare reform which included time limits on benefit receipt. Lastly, Clinton's budgets included significant cuts and walked a fine line between fiscal responsibility and maintaining necessary social programs.

User Maniacalrobot
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