even wanted to do any of the following:
Economy
The Strongest Economy in a Generation Longest Economic Expansion in U.S. History. In February 2000, the United States entered the 107th consecutive month of economic expansion -- the longest economic expansion in history.
Moving From Record Deficits to Record Surplus. In 1992, the deficit was $290 billion, a record dollar high. In 2000, we have a projected budget surplus of $167 billion -- the largest dollar surplus on record (even after adjusting for inflation) and the largest as a share of our economy since 1951. This is the first time we have had three surpluses in a row in more than a half century.
Paying Off the National Debt. We are on track to pay down $297 billion of debt over three years. In 1998 and 1999, we paid down $140 billion in debt. This year, we are on track to pay down $157 billion of debt - bringing the three-year total to $297 billion. Public debt is $2.4 trillion lower in 2000 than was projected in 1993. Debt reduction brings real benefits for the American people -- a family with a home mortgage of $100,000 might expect to save roughly $2,000 per year in mortgage payments. Reduced debt also means lower interest rates and reduced payments on car loans and student loans. With the President's plan, we are now on track to eliminate the nation's publicly held debt by 2013.
Over 21 Million New Jobs. 21.2 million new jobs have been created since 1993, the most jobs ever created under a single Administration -- and more new jobs than Presidents Reagan and Bush created during their three terms. 92 percent (19.4 million) of the new jobs have been created in the private sector, the highest percentage in 50 years. Under President Clinton and Vice President Gore, the economy has added an average of 248,000 jobs per month, the highest under any President. This compares to 52,000 per month under President Bush and 167,000 per month under President Reagan.
Fastest and Longest Real Wage Growth in Over Three Decades. In the last 12 months, average hourly earnings have increased 3.7 percent -- faster than the rate of inflation. The United States has had five consecutive years of real wage growth -- the longest consecutive increase since the 1960s. Since 1993, real wages are up 6.8 percent, after declining 4.3 percent during the Reagan and Bush years.
Highest Homeownership Rate in History. In 1999, the homeownership rate was 66.8 percent -- the highest ever recorded. Minority homeownership rates were also the highest ever recorded.
Lowest Poverty Rate in Two Decades. The poverty rate has fallen from 15.1 percent in 1993 to 12.7 percent in 1998. That's the lowest poverty rate since 1979 and the largest five-year drop in poverty in nearly 30 years (1965-1970). The African-American poverty rate has dropped from 33.1 percent in 1993 to 26.1 percent in 1998 -- the lowest level ever recorded and the largest five-year drop in African-American poverty in more than a quarter century (1967-1972). The poverty rate for Hispanics is at the lowest level since 1979, and dropped to 25.6 percent in 1998.
Largest Five-Year Drop in Child Poverty Rate Since the ‘60s. Under President Clinton and Vice President Gore, child poverty has declined from 22.7 percent in 1993 to 18.9 percent in 1998 -- the biggest five-year drop in nearly 30 years. The poverty rate for African-American children has fallen from 46.1 percent in 1993 to 36.7 percent in 1998 -- a level that is still too high, but is the lowest level in 20 years and the biggest five-year drop on record. The rate also fell for Hispanic children, from 36.8 percent to 34.4 percent - and is now 6.5 percentage points lower than it was in 1993.
Families and Communities
Strengthening America’s Working Families.Tax Cuts for Working Families. 15 million additional working families received additional tax relief because of the President’s expansion of the Earned Income Tax Credit. In 1998, the EITC lifted 4.3 million people out of poverty - double the number lifted out of poverty by the EITC in 1993. This year, the President proposed expanding the EITC to provide tax relief to an additional 6.8 million hard-pressed working families.
Helping Parents Balance Work and Family. The Family and Medical Leave Act allows workers to take up to 12 weeks of unpaid leave to care for seriously ill family members, new born or adoptive children, or their own serious health problems without fear of losing their jobs. Nearly 91 million workers (71% of the labor force) are covered by the Family and Medical Leave Act and millions of workers have benefited from FMLA since its enactment. President Clinton has proposed expanding FMLA to allow workers to take up to 24 unpaid hours off each year for school and early childhood education activities, routine family medical care, and caring for an elderly relative.
Improved Access to Affordable, Quality Child Care and Early Childhood Programs. Under the Clinton-Gore Administration, federal funding for child care has more than doubled, helping parents pay for the care of about 1.5 million children in 1998, and the1996 welfare reform law increased child care funding by $4 billion over six years to provide child care assistance to families moving from welfare to work. Since 1993, the Clinton-Gore Administration has increased funding for the Head Start program by 90 percent, and in FY 2000, the program will serve approximately 880,000 children - over 160,000 more children than in 1993.
Increased the Minimum Wage. The minimum wage has risen from $4.25 to $5.15 per hour, increasing wages for 10 million workers. The President and Vice President have called for an additional increase to $6.15. Enacted the Workforce Investment Act. The Workforce Investment Act reformed the nation’s employment and training system so that it works better for today's workers. The WIA empowered individuals by giving adults more control and choice over their training or retraining and providing universal access to core labor market services; streamlined job training services by consolidating a tangle of individual programs into a simple system and creating a nationwide network of One-Stop Career Centers; enhanced accountability through tough performance standards for states, localities, and training providers; and increased flexibility so that states can innovate and experiment with new ways to train America's workers better.
Education
Largest Investment in Education in 30 Years Opening the Doors of College to All Americans. In 1997, President Clinton proposed and passed the HOPE Scholarships and Lifetime Learning tax credits to provide tax relief to nearly 13 million Americans each year who are struggling to pay for college. The Hope Scholarship helps make the first two years of college universally available to about 5.6 million students annually by providing a tax credit of up to $1,500 for tuition and fees for the first two years of college. The Lifetime Learning tax credit provides a 20 percent tax credit on the first $5,000 of tuition and fees for students beyond the first two years of college, or those taking classes part-time (in 2003, this increases to $10,000 of tuition and fees). In his FY01 budget, the President has proposed to expand the Lifetime Learning tax credit with a 10-year, $30 billion College Opportunity tax cut, which will give families the option of taking a tax deduction or claiming a 28 percent credit for the first $5,000 of college tuition and fees until 2002, and $10,000 thereafter.
Expanding Work Study and Pell Grants. One million students will be able to work their way through college because of the President's expansion of the Work Study Program, and nearly four million students will receive a Pell Grant of up to $3,300, the largest maximum award ever. The maximum award has increased 43 percent under the Clinton-Gore Administration. This year President Clinton proposed a $77 million increase in Work Study to continue to support one million awards, and a $200 increase in the Pell Grant maximum award, to raise it to $3,500.
Making College More Affordable. The Clinton-Gore Administration has cut student fees and interest rates on all loans, expanded repayment options including income contingent repayment, and improved service through the Direct Loan Program. Students have saved $8.7 billion since 1993 through the reduction in loan fees and interest rates.
More High-Quality Teachers with Smaller Class Sizes. The Clinton-Gore Administration won a second installment of $1.3 billion for the President’s plan to hire an additional 100,000 well-prepared teachers to reduce class size in the early grades, when children learn to read and master the basic skills. Already, 29,000 teachers have been hired through this initiative. This year's budget provides $1.75 billion, a $450 million increase -- enough to fund nearly 49,000 teachers.
Turning Around Failing Schools. 11 million low-income students in 13,000 school districts now benefit from higher expectations and a challenging curriculum geared to higher standards through Title I-Aid to Disadvantaged Students. The FY 2000 budget provides a $134 million accountability fund to help turn around the worst performing schools and hold them accountable for results through such measures as overhauling curriculum, improving staffing, or even closing schools and reopening them as charter schools. This year, the President is proposing to double funding for this fund to turn around the nation's failing schools to ensure all children receive a quality education.
Providing Safe After-School Opportunities for 850,000 Students Each Year. The 21st Century Community Learning Centers program will provide enriching after-school and summer school opportunities for 850,000 school-age children in rural and urban communities in FY 2000. Extended learning time has not only been shown to increase achievement in reading and math, but to decrease youth violence and drug use. Funding for this program more than doubled from FY 1999 to FY 2000. For FY 2001, the President's budget calls on Congress to invest $1 billion in the 21st Century Program and to ensure that all children in failing schools have access to quality after-school and summer school opportunities. This proposal will double funding and triple the number of students served to 2.5 million.
Expanding Choice and Accountability in Public Schools. The Clinton-Gore Administration has worked to expand public school choice and support the growth of public charter schools, which have increased from one public charter school in the nation when the President was first elected to more than 1,700. More than 250,000 students nationwide are now enrolled in charter schools in 30 states and the District of Columbia. The President won $145 million in FY 2000 -- and has proposed $175 million in his FY 2001 budget -- to continue working toward his goal of establishing 3,000 quality charter schools by 2002.
Teaching Every Child to Read by the 3rd Grade. The President challenged Americans to unite to be sure that every child can read well and independently by the third grade -- 1,400 colleges and universities took up his challenge, and 26,700 college work-study students now serve as reading tutors to help every child to read well and independently by the third grade.
Expanding Access to Technology. With the Vice President's leadership, the Clinton-Gore Administration has made increasing access to technology a top priority. The President and Vice President created the Technology Literacy Challenge Fund to help connect every school to the Internet, increase the number of multimedia computers in the classroom and provide technology training for teachers. They increased overall investments in educational technology from $23 million in 1993 to $769 million in FY 2000, and tripled funding for Community Technology Centers to reach at least 120 low-income communities. Through the E-rate program, they secured low-cost connections to the Internet for schools, libraries, rural health clinics and hospitals, benefiting more than 80 percent of America's public schools. They also increased investment in education research to ensure all children benefit from educational technology. In 1999, 95 percent of public schools were connected to the Internet -- up from just 35 percent in 1994.
Supporting Local Education Reform Efforts. The President signed the Education Flexibility Partnership Act of 1999 (Ed-Flex) into law in April 1999, giving all states greater flexibility in the use of federal education funds in exchange for greater accountability for helping all students reach high academic standards.
Establishing the GEAR-UP Mentoring Program for Middle School Children. President Clinton and Vice President Gore created and expanded GEAR-UP, a nationwide mentoring initiative, to help over 750,000 low-income middle school children finish school and prepare for college. The President's FY 2001 budget would expand services to 1.4 million students.
Providing Early Education to Nearly 900,000 Children with Head Start. The President and Vice President have expanded Head Start funding by 90 percent since 1993. Head Start will reach approximately 880,000 low-income children in FY 2000 and, with the President's proposed increase for the program, will be on the way to reaching the President's goal of serving 1 million children and their families by the year 2002. The Administration also created Early Head Start, bringing Head Start's successful comprehensive services to families with children ages zero to three, and set high quality standards for both programs.
Fighting Hate Crimes. The President enacted the Hate Crimes Sentencing Enhancement Act in 1994. He held the historic White House Conference on Hate Crimes, where he called for passage of the Hate Crimes Prevention Act -- bipartisan legislation which would strengthen hate crimes laws and make it clear that America will not tolerate acts of violence based on race, color, gender, national origin, religion, sexual orientation or disability. Protecting Children from Sex Offenders. President Clinton signed Megan’s Law and the Jacob Wetterling Crimes Against Children and Sexually Violent Offender Registration Act, requiring states to set up sex offender registration systems and require community notification when sex offenders are released from prison.
More can be found here
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