Omnibus Budget Reconciliation Act of 1990

E165710

The Omnibus Budget Reconciliation Act of 1990 was a major U.S. federal law that aimed to reduce the budget deficit through a combination of spending cuts and tax increases, including raising the top income tax rate and implementing new excise taxes.

All labels observed (1)

Label Occurrences
Omnibus Budget Reconciliation Act of 1990 canonical 9

How this entity was disambiguated

Statements (43)

Predicate Object
instanceOf United States federal statute ⓘ
budget reconciliation act ⓘ
alsoKnownAs 1990 budget summit agreement ⓘ
amends Internal Revenue Code of 1986 ⓘ
areaOfLaw fiscal law ⓘ
social welfare law ⓘ
tax law ⓘ
branchOfGovernment legislative branch of the United States ⓘ
budgetProcessImpact strengthened PAYGO enforcement ⓘ
chamberInvolved United States House of Representatives ⓘ
United States Senate ⓘ
changed top individual income tax rate ⓘ
containsProvision changes to entitlement programs ⓘ
discretionary spending limits ⓘ
pay-as-you-go budget rules ⓘ
spending reductions in Medicaid ⓘ
spending reductions in Medicare ⓘ
context early 1990s U.S. fiscal policy ⓘ
country United States ⓘ
economicPolicyOrientation deficit reduction ⓘ
effect increase in top income tax rate ⓘ
enactedIn 101st United States Congress ⓘ
hasConsequence reduced projected federal deficits in the 1990s ⓘ
implementedThrough budget reconciliation process ⓘ
introducedTaxType excise taxes ⓘ
jurisdiction United States federal government ⓘ
legalForm public law ⓘ
legislativeBody United States Congress ⓘ
policyInstrument spending cuts ⓘ
tax increases ⓘ
presidentDuringEnactment George H. W. Bush ⓘ
primaryGoal reduction of the federal budget deficit ⓘ
relatedTo Gramm–Rudman–Hollings Balanced Budget Act ⓘ
Omnibus Budget Reconciliation Act of 1987 ⓘ
Omnibus Budget Reconciliation Act of 1993 ⓘ
shortName OBRA-90 ⓘ
signedBy George H. W. Bush ⓘ
subjectMatter discretionary spending caps ⓘ
federal budget ⓘ
mandatory spending programs ⓘ
taxation ⓘ
typeOfChange deficit-reduction package ⓘ
yearEnacted 1990 ⓘ

How these facts were elicited

Referenced by (9)

Full triples — surface form annotated when it differs from this entity's canonical label.

101st United States Congress → passedLegislation → Omnibus Budget Reconciliation Act of 1990 ⓘ
Budget Enforcement Act of 1990 → partOf → Omnibus Budget Reconciliation Act of 1990 ⓘ
Omnibus Budget Reconciliation Act of 1989 → relatedTo → Omnibus Budget Reconciliation Act of 1990 ⓘ
Medicaid Drug Rebate Program → establishedBy → Omnibus Budget Reconciliation Act of 1990 ⓘ
OBRA-90 → fullName → Omnibus Budget Reconciliation Act of 1990 ⓘ
OBRA-90 → title → Omnibus Budget Reconciliation Act of 1990 ⓘ
Public Law 101-508 Title VI → partOf → Omnibus Budget Reconciliation Act of 1990 ⓘ
OBRA-93 → precededBy → Omnibus Budget Reconciliation Act of 1990 ⓘ
Public Law 103-66 → precededBy → Omnibus Budget Reconciliation Act of 1990 ⓘ