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Politics : PRESIDENT GEORGE W. BUSH

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To: Rick McDougall who wrote (521070)1/7/2004 10:29:53 PM
From: Hope Praytochange  Read Replies (3) of 769669
 
But once Mr. Clinton was elected, he abandoned the middle-class tax cut and focused on cutting the deficit. The tax increases in his 1993 budget agreement took a heavy political toll on Congressional Democrats, who lost their majorities in 1994. Still, by his second term, which saw the balanced budget act of 1997, some middle-class tax relief and a roaring economy, Mr. Clinton was widely credited with changing the Democratic Party's image as economic stewards.
"This is one of the big choices the party had to make to get out of the wilderness in 1992, and we have to make again to find our way back in 2004," said Bruce Reed, a former Clinton domestic policy adviser who is now the head of the Democratic Leadership Council, a centrist group that has been critical of Dr. Dean. "Republicans have spent 30 years trying to convince America that all we want to do is raise people's taxes, and we'd be crazy to hand them that chance again."

nytimes.com
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