What was one of Rubin's contributions to economic prosperity?
Deficit Reduction Act
Affordable Care Act
No Child Left Behind
Dodd-Frank Act
Answer
Deficit Reduction Act, enacted by Rubin in 1993, contributed significantly to economic prosperity. The Act implemented spending cuts and increased revenue, leading to a balanced budget and a budget surplus in fiscal years 1998-2001. This outcome strengthened the economy and fostered conditions for long-term economic growth.
Mastering Money and Politics: The Robert Rubin Story Challenge
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