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After two years of acrimonious wrangling over the federal budget, the White House and congressional Republicans agreed on spending and tax packages that aim to end federal red ink by 2002, while providing the first major tax relief since 1981. Will it all work as advertised?

Sealing The Deal | The Spending Side | The Tax Side | Timeline
Balanced Budget Amendment | Players | Key Terms | Appendix: Clinton's Feb. 6 Budget