President Clinton's plan to stimulate the economy primarily focused on reducing the federal deficit, which involved a combination of tax policies and government spending strategies. Among the options provided, the correct response related to his policies would be:
- lower taxes of small businesses
Clinton's administration did implement some tax incentives aimed at small businesses to stimulate economic growth. However, he also raised taxes on higher-income individuals to help reduce the deficit. It's important to note that his administration's overall strategy included balancing budgets and investing in public services, rather than significantly lowering taxes for wealthy individuals or increasing government borrowing.