"The deficit-reduction plan of 1993 was supported only by Democrats, enacted in the face of the most withering partisan criticism and deep political risk that cost some members their positions in Congress," said Clinton, fighting a hoarse voice. "Well, it's time for the naysayers to admit they're wrong. It worked. And America is better for it."
The bad news: Recently enacted tax cuts are likely to reverse the shrinking process in coming years. But by then, it won't be Clinton's problem.