July 2011
1 post
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Budget-debt deals from 1995 & 1997
Government show-downs of 1995 and 1997
In 1995, under the leadership of Speaker Gingrich and Senate Majority Leader Dole, the “Contract with American” pledged to cut spending and lower the rate of government spending. This lead to a fall, 1995 show down between the GOP Congress and President Clinton on the appropriations process and the debt limit increase. President Clinton vetoed...