1. President Bush's Economy
... federal programs. Bush's policy thus contrasts with President Clinton's deficit-reduction strategy in which he attempted to boost the economy by raising taxes, and using the subsequent budget surpluses to pay down the national debt and fund a wide array of government programs. However, in his address to the Senate ... higher. More recently, economic growth in the 1990s was quite strong, despite the 1993 increase of the top marginal tax rate from 31 percent to 39.6 percent. In addition, after-tax income gains have been significantly larger among the top five percent of tax filers " the o...
- Word Count: 7138
- Approx Pages: 29
- Has Bibliography
- Grade Level: High School