Effect
The government was able to raise additional revenue, which helped balance the budget and by the end of the 1990s began to reduce privately held public debt.
Read more about this topic: Omnibus Budget Reconciliation Act Of 1993
Famous quotes containing the word effect:
“The machine has had a pernicious effect upon virtue, pity, and love, and young men used to machines which induce inertia, and fear, are near impotents.”
—Edward Dahlberg (1900–1977)
“The poem has a social effect of some kind whether or not the poet wills it to have. It has kinetic force, it sets in motion ... [ellipsis in source] elements in the reader that would otherwise be stagnant.”
—Denise Levertov (b. 1923)
“Self-denial is not a virtue: it is only the effect of prudence on rascality.”
—George Bernard Shaw (1856–1950)