During the Clinton administration, the nation enjoyed the lowest unemployment and inflation in modern times, reduced welfare rolls, falling crime rates in many places, and the highest home ownership in the country's history. President Clinton proposed the first balanced budget in many years and achieved a budget surplus by lowering government spending and increasing taxes of the wealthiest 1.2% of Americans. He sought to end racial discrimination, improve education, and strengthen environmental rules. A major initiative of the Clinton administration was an ambitious health care reform plan, led by First Lady Hilary Clinton. The administration’s plan was defeated on Capitol Hill.

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