Stories on the 1997 Budget Deal
The following are Post stories on the 1997 balanced budget deal. The most recent stories are listed first. For top stories on this and other budget issues, see our Key Stories page.
Budget Pact's 1st Bottom Line: A Surge in
November 26, 1997
After weathering three years of cuts, spending on domestic programs will increase by $22.6 billion about 10 percent or nearly four times the rate of inflation. The total budget will hit a record $1.7 trillion.
Economists Support Budget Surplus
October 5, 1997
Some economic analysts
say President Clinton and Congress should consider running budget surpluses to pay down the debt and to reduce the government's interest bill.
Bipartisanship Reigns at Budget Signing
August 6, 1997
A partisan showdown that dominated Washington politics for nearly three years came to a placid ending as President Clinton signed legislation that puts the government on a path to a balanced budget by 2002.
Newfound Trust Held Budget Deal Together
August 5, 1997
The budget and tax agreement has been hailed by Democrats and Republicans
as a historic rapprochement of two formerly warring parties. But it almost didn't happen.
Budget, Tax Plans Pass With Few Dissenters
August 1, 1997
With stunning speed and little dissent, Congress whipped through final votes on a five-year balanced
budget and tax cut plan.
Despite Shortcomings, Deficit Effort Really Is 'a
July 30, 1997
It took two presidents, four Congresses, an accommodating Federal Reserve Board and a booming economy. But the runaway federal budget may finally be brought into balance.
Clinton, GOP Both Claim Budget Victories
July 30, 1997
President Clinton and GOP leaders yesterday celebrated their five-year plan to balance the budget. But competing victory parties reflected a vast gulf in interpretation.
Clinton Insists Economy Won't Eliminate Deficit
July 16, 1997
President Clinton insisted the deficit would not be eliminated without
the plan he is crafting with Congress, despite suggestions that the booming economy may erase the red ink on its own.
Robust Economy Could Erase Deficit by '98
July 9, 1997
The economy's vigor has generated an
unexpected surge in tax receipts that could wipe out the deficit as early as next year without any change in
Winners and Losers in a Balanced Budget
May 4, 1997
Balancing the federal budget would mean that future generations would not be required to lower their standard of living so
the current generation can continue to live beyond its means.
President, GOP Agree on Balanced Budget Plan
May 3, 1997
President Clinton and Republican congressional leaders yesterday announced agreement on a plan to balance
the budget by 2002 and cut taxes.
Hitting the Jackpot on Capitol Hill
May 3, 1997
A recalculation by the Congressional Budget Office provided budget negotiators with a $225 billion windfall over five years.
Americans Oppose Cutting Entitlements to Fix
March 29, 1997
from a vast majority of Americans is: Don't balance the budget and reduce taxes if it means reducing spending on Social Security and Medicare.
President Won't Back CPI Panel
March 13, 1997
President Clinton abandoned the idea of establishing an independent panel to reduce the cost-of-living
adjustments for Social Security and other federal benefits.
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