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. It has also been referred to, unofficially, as the Deficit Reduction Act of 1993. Part XIII, which dealt with taxes and is also called the Revenue Reconciliation Act of 1993.
Read more about Omnibus Budget Reconciliation Act Of 1993: Specifics, Alternatives, Legislative History, Effect
Famous quotes containing the words omnibus, budget and/or act:
“An omnibus across the bridge
Crawls like a yellow butterfly,
And, here and there, a passer-by
Shows like a little restless midge.”
—Oscar Wilde (1854–1900)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)
“By act of Congress, male officers are gentlemen, but by act of God, we are ladies. We don’t have to be little mini-men and try to be masculine and use obscene language to come across. I can take you and flip you on the floor and put your arms behind your back and you’ll never move again, without your ever knowing that I can do it.”
—Sherian Grace Cadoria (b. 1940)