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Updated: June 11, 2025
The financial operations of the Government during this period, based upon these differences between receipts and expenditures, resulted in a net reduction of the interest-bearing debt of the United States from $987,141,040 to $897,253,990, notwithstanding that there had been two sales of Panama Canal bonds amounting in the aggregate to $54,631,980, and an issue of three per cent certificates of indebtedness under the act of June 13, 1998, amounting to $15,436,500.
As a result, in 1998 alone, the EITC helped more than 4.3 million Americans work their way out of poverty and toward the middle class double the number in 1993. Tonight, I propose another major expansion. We should reduce the marriage penalty for the EITC, making sure it rewards marriage just as it rewards work.
State of the Union Address William J. Clinton January 27, 1998 Mr. Speaker, Mr. Vice President, members of the 105th Congress, distinguished guests, my fellow Americans: Since the last time we met in this chamber, America has lost two patriots and fine public servants.
In his e-mail to me of September 2, 1998, John Mark Ockerbloom explained how the site began: "I was the original Webmaster here at CMU CS, and started our local Web in 1993. So that's how my index got started. But I hope to keep up my on-line books works in some form or another."
As stated by the French Canadian magazine Multimédium in its article of April 2, 1998, it was "rather encouraging for the Ministry of Culture and Communications which has the double task of furthering the development of information highways... and reading!"
When I took office, the deficit for 1998 was projected to be $357 billion, and heading higher. This year, our deficit is projected to be $10 billion, and heading lower. For three decades, six presidents have come before you to warn of the damage deficits pose to our nation.
Much more restrictive than the previous one, the current legislation became effective after the promulgation of amendments to the 1976 Copyright Act, dated October 27th, 1998. As explained by Michael Hart in July 1999: "Nothing will expire for another 20 years. We used to have to wait 75 years. Now it is 95 years.
In the year 2000, the number of Internet users will be over 300 million. Does the Internet compete directly with television and reading? In Quebec, where 30.7% of the population is connected, a poll taken in March 1998 for the cybermagazine Branchez-vous! showed that 28.8% of connected Quebeckers were watching television less than before. Only 12.1% were reading less.
Last year, scientists located the gene that causes Parkinson's disease in only nine days! Within a decade, gene chips will offer a road map for prevention of illnesses throughout a lifetime. Soon, we'll be able to carry all the phone calls on Mother's Day on a single strand of fiber the width of a human hair. A child born in 1998 may well live to see the 22nd century.
The popularity of the program is reflected in the range of additions to the Associates Community in the past few months: Adobe, InfoBeat, Kemper Funds, PR Newswire, Travelocity, Virtual Vineyards, and Xoom." The program surpassed 60,000 members in June 1998. Barnes & Noble, the giant U.S. bookseller, is the leading operator of book superstores in America, with 481 stores nationwide, in 48 states.
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