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Bill Clinton presided over a period of economic growth and prosperity during the 1990s. This was due in part to his policies of deficit reduction and deregulation, which led to increased private sector investment and a stronger economy. By the end of his term, the country had a surplus, an unexpected product of Clinton's economic policies.

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Question: How did Bill Clinton create a surplus?

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Bill Clinton created a budget surplus by implementing fiscal responsibility, cutting taxes, and increasing government revenues. He created a plan to reduce the federal deficit and stimulate economic growth. In addition, Clinton implemented welfare reform and increased taxes on the wealthy. These policies helped create a budget surplus and put the nation's finances on a more solid footing.

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Published: Sunday, December 18, 2022

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