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During the Clinton administration, in 1999?
the federal budget had a surplus.
the federal budget had not changed.
the deficit had begun to decline.
the deficit was higher than ever.

Respuesta :

During the Clinton administration, in 1999 - the federal budget had a surplus.

The correct option is A.

In 1999, under the Clinton administration, there was a $124 billion surplus in the federal budget.

The budget restrictions put in place in the 1990s successfully controlled the fiscal actions of the President and the Congress, and they, together with economic development, were a major factor in the budget surpluses at the conclusion of the decade.

A surplus suggests the government has additional resources. The national debt might be paid off with these cash, lowering interest rates and boosting the economy. A budget surplus can be used to lower taxes, launch new initiatives, or continue funding long-running initiatives like Social Security and Medicare.

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