The POTUS Timeline
President #42

Bill Clinton

Bill Clinton served as the 42nd President of the United States from January 20, 1993, to January 20, 2001. His two-term administration oversaw strong economic growth and budget surpluses while also facing major political controversies, including impeachment and acquittal in 1998–1999.

Legacy Summary

Domestically, Clinton presided over a period of sustained economic expansion, reduced unemployment, and several major policy initiatives—most notably passage of NAFTA, welfare reform in 1996, and balanced budgets that produced federal surpluses in the late 1990s. His administration also advanced legislation on crime, gun control, and family leave while benefiting from the technology-driven boom of the decade.

Clinton’s presidency is also marked by controversy: a personal scandal led to his impeachment by the House in 1998 and acquittal by the Senate in 1999, which shaped public debate about character and accountability. On foreign policy he expanded U.S. engagement, including NATO interventions in Bosnia and Kosovo, leaving a mixed legacy of increased international involvement and contested domestic politics.

Notable Actions

Signed NAFTA (1993); Enacted 1996 Welfare Reform (Personal Responsibility and Work Opportunity Act); Achieved federal budget surpluses in the late 1990s; Led NATO interventions in Bosnia (1995) and Kosovo (1999); Impeached by the House (1998) and acquitted by the Senate (1999); Signed key domestic laws including the Brady Bill and Family and Medical Leave Act

Timeline Entries

Key highlights and dated events associated with this presidency.

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Signing of the Balanced Budget Act of 1997
August 5, 1997 Bill Clinton
Legislation

Signing of the Balanced Budget Act of 1997

President Clinton signed the Balanced Budget Act of 1997 into law on August 5, 1997, completing a congressional budget agreement that included spending caps, changes to Medicare and Medicaid, and welfare and tax provisions.

Sovereignty over Hong Kong transfers to China; Clinton issues U.S. response
July 1, 1997 Bill Clinton
Foreign Policy

Sovereignty over Hong Kong transfers to China; Clinton issues U.S. response

On July 1, 1997 the United Kingdom formally transferred sovereignty over Hong Kong to the People's Republic of China, and President Clinton issued a White House statement reaffirming U.S. obligations under the United States–Hong Kong Policy Act and expressing continued U.S. concern for Hong Kong's autonomy and rights.