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Politics : Formerly About Advanced Micro Devices

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To: zzpat who wrote (1030336)	9/13/2017 9:05:06 PM
From: Brumar89	Read Replies (1) of 1575969

Remember the Republicans shut down the government to force Clinton to give in on spending? When Clinton refused to cut the budget in the way Republicans wanted, Gingrich threatened to refuse to raise the debt limit, which would have caused the United States Treasury to suspend funding other portions of the government to avoid putting the country in default. ........... According to Gingrich, positive impacts of the government shutdown included the balanced-budget deal in 1997 and the first four consecutive balanced budgets since the 1920s. In addition, Gingrich stated that the first re-election of a Republican majority since 1928 was due in part to the Republican Party's hard line on the budget. [19] [20] The Republican Party had a net loss of eight seats in the House in the 1996 elections but retained a 227-206 seat majority in the upcoming 105th United States Congress. In the Senate, Republicans gained two seats. ........... https://en.wikipedia.org/wiki/United_States_federal_government_shutdowns_of_1995%E2%80%931996

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