Presidency of Bill Clinton Bader Ginsburg and Stephen Breyer. Clinton's second term saw the first federal budget surpluses since the 1960s, but was partially overshadowed by his impeachment in 1998. His impeachment arose after he denied having an affair with a White House intern, Monica Lewinsky. Though the House of Representatives voted to impeach Clinton, he was acquitted of all charges by the Senate. In 1997, Clinton signed into law a bill creating the State Children's Health Insurance Program, which was designed to help provide health care coverage for millions of children. In 1999, he signed the Gramm–Leach–Bliley Act, which allowed for the consolidation
Economic policy of the Bill Clinton administration Economic Cooperation (APEC) in Seattle, Washington, which was attended by the leaders of 12 Pacific Rim nations. In 1994, Clinton arranged an agreement in Indonesia with Pacific Rim nations to gradually remove trade barriers and open their markets. Clinton faced his first defeat on trade legislation during his second term. In November 1997, the Republican-controlled Congress delayed voting on a bill to restore a presidential trade authority that had expired in 1994. The bill would have given the president the authority to negotiate trade agreements which the Congress was not authorized to modify–known as "fast-track negotiating" because it streamlines the