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:
“I have no faith in human perfectability. I think that human exertion will have no appreciable effect upon humanity. Man is now only more active—not more happy—nor more wise, than he was 6000 years ago.”
—Edgar Allan Poe (1809–1845)
“Before the effect one believes in different causes than one does after the effect.”
—Friedrich Nietzsche (1844–1900)
“The whole theory of modern education is radically unsound. Fortunately in England, at any rate, education produces no effect whatsoever. If it did, it would prove a serious danger to the upper classes, and probably lead to acts of violence in Grosvenor Square.”
—Oscar Wilde (1854–1900)