Today we learned that the economy is continuing to generate good jobs, almost 600,000 jobs in the first 2 months of this year alone. That's good news for American workers and their families. The American economy has now created nearly 12 million new jobs since I took office. Now it's time to keep this American job engine on the move by passing a balanced budget plan that invests in education and our future.
Our 1993 economic plan has helped spur this strong job growth, while cutting the deficit by 63 percent, from $290 billion in 1992 to $107 billion in 1996. Now we must cut the deficit to zero while investing in our people. My budget will do just that. I look forward to working with the Congress to get the job done by passing a balanced budget plan.
William J. Clinton, Statement on the National Economy Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/223998