Presidency of Bill Clinton
's tenure as the 42nd president of the United States began with his first inauguration on January 20, 1993, and ended on January 20, 2001. Clinton, a Democrat from Arkansas, took office after defeating the Republican incumbent president George H. W. Bush and independent businessman Ross Perot in the 1992 presidential election. Four years later, he won re-election in the 1996 presidential election, after defeating the Republican nominee Bob Dole, and also Perot again. Alongside Clinton's presidency, the Democratic Party also held their majorities in the House of Representatives and the Senate during the 103rd U.S. Congress following the 1992 elections, thereby attained an overall federal government trifecta. Clinton was constitutionally limited to two terms and was succeeded by Republican George W. Bush, who won the 2000 presidential election against Clinton's preferred successor, vice president Al Gore.
President Clinton oversaw the second longest period of peacetime economic expansion in American history. Months into his first term, he signed the Omnibus Budget Reconciliation Act of 1993, which raised taxes and set the stage for future budget surpluses. He signed the bipartisan Violent Crime Control and Law Enforcement Act and won ratification of the North American Free Trade Agreement, despite opposition from trade unions and environmentalists. Clinton's most ambitious legislative initiative, a plan to provide universal health care, failed to advance through Congress. A backlash to Clinton's agenda sparked the Republican Revolution, with the GOP taking control of the House of Representatives for the first time in 40 years. Clinton pivoted to the center in response by assembling a bipartisan coalition to pass welfare reform, and he successfully expanded health insurance for children.
While Clinton's economy was strong, his presidency oscillated dramatically from high to low and back again, which historian Gil Troy characterized in six Acts. Act I in early 1993 was "Bush League" with amateurish distractions. By mid-1993 Clinton had recovered to Act II, passing a balanced budget and the NAFTA trade deal. Act III, 1994, saw the Republicans mobilizing under Newt Gingrich, defeating Clinton's healthcare reforms, and taking control of the House of Representatives for the first time in forty years. The years 1995 to 1997 saw the comeback in Act IV, with a triumphant reelection landslide in 1996. However, Act V, the Clinton–Lewinsky scandal and impeachment made 1998 a lost year. Clinton concluded happily with Act VI by deregulating the banking system in 1999. In foreign policy, Clinton initiated a bombing campaign in the Balkans, which led to the creation of a United Nations protectorate in Kosovo. He played a major role of the expansion of NATO into former Eastern Bloc countries and remained on positive terms with Russian president Boris Yeltsin. During his second term, Clinton presided over the deregulation of the financial and telecommunications industry. Clinton's second term also saw the first federal budget surpluses since the 1960s. The ratio of debt held by the public to GDP fell from 47.8% in 1993 to 33.6% by 2000. His impeachment in 1998 arose after he denied claims of having an affair with a White House intern, Monica Lewinsky under oath. He was acquitted of all charges by the Senate. He appointed Ruth Bader Ginsburg and Stephen Breyer to the U.S. Supreme Court.
With a 66% approval rating at the time he left office, Clinton had the highest exit approval rating of any president since the end of World War II. His preferred successor, Vice President Al Gore, was narrowly defeated by George W. Bush in the heavily contested 2000 presidential election, winning the popular vote. Historians and political scientists generally rank Clinton as an above-average president.
1992 election
President George H. W. Bush's popularity in the aftermath of the successful 1991 Gulf War convinced many prominent Democrats to sit out the 1992 presidential election. With party leaders like Mario Cuomo and Dick Gephardt staying out of the running, the 1992 Democratic primary field consisted of relatively unknown candidates. Among those who sought the Democratic nomination were former senator Paul Tsongas of Massachusetts, former governor Jerry Brown of California, and Bill Clinton, who had served as the governor of Arkansas since 1983. Clinton emerged as the front-runner for the nomination after the first set of primaries in February 1992. A founding member of the centrist Democratic Leadership Council, Clinton overcame opposition from more liberal Democrats like Brown and clinched the Democratic nomination in April 1992.Bush defeated a challenge from conservative commentator Pat Buchanan to win his party's nomination. Meanwhile, independent candidate Ross Perot, a billionaire businessman from Texas, emerged as a major factor in the race. Perot ran a populist campaign that focused on voters disillusioned with both parties, and he emphasized his opposition to the North American Free Trade Agreement and his desire to balance the federal budget. Polls taken in early June 1992 showed Bush leading the race, followed by Perot and then Clinton. From July to September, Perot temporarily dropped out of the race, causing severe damage to his candidacy. At the 1992 Democratic National Convention, Clinton selected Senator Al Gore of Tennessee as his running mate, and the successful convention helped unify Democrats behind Clinton. While the 1992 Republican National Convention placed a heavy emphasis on social issues, Clinton's campaign focused on the state of the economy, which was still emerging from the early 1990s recession.
On election day, Clinton won 43% of the popular vote and a wide majority in the Electoral College. Bush won 37.4% of the popular vote, while Perot took 18.9%, the strongest showing by a third party or independent presidential candidate since the 1912 election. Later studies showed that Perot drew his voters roughly equally from Clinton and Bush. Clinton's victory included a sweep of the Northeastern United States, and he also won several states in the Midwest, the West, and the South. By far voters' disappointment with the economy was the major favor in voting against the incumbent, with abortion a lesser factor. In the concurrent congressional elections, Democrats secured a government trifecta after retaining their majorities in the House of Representatives and the Senate, and Speaker of the House Tom Foley and Senate Majority Leader George J. Mitchell both remained in their posts. Republicans Robert H. Michel and Bob Dole continued to serve as House Minority Leader and Senate Minority Leader, respectively.
Clinton used his inaugural address to deal with his uncertain mandate from the voters and lack of national experience. He drew heavily upon his lifelong study of the Protestant Bible, his education at Catholic Georgetown University, and the inaugural addresses of Ronald Reagan, Richard Nixon, John Kennedy, Jimmy Carter, and Woodrow Wilson.
Administration
, a long-time friend of Clinton who had led a successful business career and had served as the chairman of the Arkansas Democratic Party, became Clinton's first chief of staff. Clinton convinced Lloyd Bentsen, a longtime Senator from Texas and the 1988 Democratic vice presidential nominee, to serve as his first Secretary of the Treasury. At the start of Clinton's first term, Bentsen, OMB Director Leon Panetta, Secretary of Labor Robert Reich, and policy coordinator Robert Rubin were Clinton's top economic advisers. Clinton's first term foreign policy team was led by National Security Advisor Anthony Lake and Secretary of State Warren Christopher, both of whom had served in the Carter administration. Vice President Gore and First Lady Hillary Clinton emerged as two of the most influential figures of the Clinton administration, and Clinton solicited their opinions on a wide range of issues.Clinton decided to appoint the first female Attorney General, settling on little-known corporate lawyer Zoë Baird. In what became known as the Nannygate matter, the Senate Judiciary Committee revealed that Baird had hired a Peruvian couple, both undocumented immigrants, to work in her home. Baird withdrew her nomination and Clinton next chose Kimba Wood, who was quickly forced to withdraw due to somewhat similar problems. Janet Reno, a Florida state's attorney, was nominated for Attorney General a few weeks later, and she won confirmation in March 1993. After experiencing difficulty with these nominations, as well as that of Lani Guinier, Clinton brought in David Gergen, who had previously served in Republican administrations, to serve as counselor to the president. Secretary of Defense Les Aspin resigned in the aftermath of the Battle of Mogadishu and was succeeded by William Perry. Bentsen and McLarty also left office in 1994, and they were replaced by Rubin and Panetta, respectively.
After Clinton's re-election, Panetta stepped down and was replaced by former deputy chief of staff Erskine Bowles. Madeleine Albright became the first female secretary of state, Sandy Berger succeeded Lake as National Security Adviser, and former Republican senator William Cohen became the Secretary of Defense. According to reporter John Harris,
Berger's close rapport with Clinton made him the leading foreign policy figure of Clinton's second term, as well as the most influential National Security Advisor since Henry Kissinger. John Podesta assumed the position of Chief of Staff in 1998, while Lawrence Summers replaced Rubin as Treasury Secretary in 1999.