The presidency of Bill Clinton began at noon EST on January 20, 1993, when Bill Clinton was inaugurated as the 42nd President of the United States, and ended on January 20, 2001. Clinton, a Democrat from Arkansas, took office  following a decisive victory over Republican incumbent President George H. W. Bush and Independent businessman Ross Perot in the 1992 presidential election. Four years later, in the 1996 election, he defeated Perot and Republican Bob Dole to win re-election. He was succeeded by Republican George W. Bush, who won the 2000 presidential election. The bipartisan bill granted people the right to keep their insurance plan if they changed jobs, and also contained several other health care reforms. In October 1996, Senator Ted Kennedy introduced a bill to provide health care coverage for children of the working poor, to be financed via a 75 cents a pack cigarette tax increase. Working with Clinton and Republican Senator Orrin Hatch, Kennedy won passage of the Children's Health Insurance Program in 1997.