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The Omnibus Budget Reconciliation Act of 1993 (or OBRA-93) was a federal law that was enacted by the 103rd United States Congress and signed into law by President Bill Clinton on August 10, 1993. It has also been unofficially referred to as the Deficit Reduction Act of 1993. Part XIII of the law is also called the Revenue Reconciliation Act of ...
The Omnibus Budget Reconciliation Act of 1990 (OBRA-90; Pub. L. 101–508, 104 Stat. 1388, enacted November 5, 1990) is a United States statute enacted pursuant to the budget reconciliation process to reduce the United States federal budget deficit. The Act included the Budget Enforcement Act of 1990 which established the "pay-as-you-go" or ...
In 2009, a $410 billion omnibus bill, the Omnibus Appropriations Act, 2009 , became a point of controversy due to its $8 billion in earmarks. [11] On March 11, the bill was signed by U.S. President Barack Obama into law as Pub. L. 111–8 (text) (PDF) .
President Clinton signed the Omnibus Budget Reconciliation Act of 1993, increasing the percentage of benefits that could be taxed for beneficiaries who earned higher incomes. When the income ...
The Omnibus Budget Reconciliation Act of 1990 raised the top tax rate from Ronald Reagan’s 28% up to 31%. While it wasn’t the biggest tax increase in history, it was one of the most ...
After taking office in 1993, Democratic President Bill Clinton won passage of his proposed budget, the Omnibus Budget Reconciliation Act of 1993 through reconciliation. In 1996, he signed another major reconciliation bill, the Personal Responsibility and Work Opportunity Act of 1996. [ 19 ]
Reconciliation was created by the Congressional Budget Act of 1974 and first used for a budget bill signed into law by Democratic President Jimmy Carter in 1980.
The Omnibus Budget Reconciliation Act of 1987 (or OBRA-87 [1]) was a federal law that was enacted by the 100th United States Congress and signed into law by President Ronald Reagan. It includes (among other things) the Nursing Home Reform Act.