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 in interest rates, which fueled a booming stock market and job growth in a booming technology sector. Economic policy of the Bill Clinton administration The economic policies of Bill Clinton, referred to by some as Clintonomics (a portmanteau of "Clinton" and "economics"), encapsulates the economic policies of United States President Bill Clinton that were implemented during his presidency, which lasted from January 1993–January 2001. President Clinton oversaw a very robust economy during his tenure. The U.S. had strong economic growth (around 4% annually) and record job creation (22.7 million). He raised taxes on higher income taxpayers early in his first