Clinton proposes balanced budget

Washington - President Clinton yesterday proposed the first US budget to balance in 30 years, seeking to reverse the legacy of…

Washington - President Clinton yesterday proposed the first US budget to balance in 30 years, seeking to reverse the legacy of deficits that began in the Vietnam War and accelerated over the next 25 years. The fiscal 1999 budget, which covers the year starting on October 1st, calls for $1.73 trillion in spending and forecasts a surplus of $9.5 billion for the year.