A surplus in the federal budget of the United States of America took place under the leadership of President Bill Clinton.
Bill Clinton was the 42nd President of the United States. He had been under such role ranging from the years between 1993 and 2001. He made several important economic reforms during his term.
The federal budget for to be spent in different departments gave surplus returns, which had not happened in a very long time in the United States. Furthermore, the debt ratio went down to 33% in 2000.
Hence, option C; federal budget surpluses were achieved under the leadership of President Clinton.
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