Rozpočtové přebytky v 90. letech ve světle rozpočtové politiky B. Clintona a hospodářského růstu

This thesis deals with the topic of fiscal policy in the USA during the administration of Bill Clinton and origins of budget surpluses at the end of the 1990s. First I describe fiscal and economic situation during the administration of presidents Reagan and Bush. Then I focus on period of the Clinton administration and key budget acts. Using budget analysis I determine main changes in budget outlays and receipts. I come to conclusion that favourable economic situation led by development of informational technology and other positive factors had an essential impact on stabilization of American federal budgets. However, the Clinton administration managed to take advantage of these circumstances and through fiscal policy significantly contributed to creation of the budget surpluses. In the end I present few recommendations for policymakers.