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 cities of the world are concentric, isomorphic, synchronic. Only one exists and you are always in the same one. It’s the effect of their permanent revolution, their intense circulation, their instantaneous magnetism.”
—Jean Baudrillard (b. 1929)
“A readiness to believe ill of others, before we have duly examined it, is the effect of laziness and pride. We are eager to find a culprit, and loath to give ourselves the trouble of examining the crime.”
—François, Duc De La Rochefoucauld (1613–1680)
“Ignorant kindness may have the effect of cruelty; but to be angry with it as if it were direct cruelty would be an ignorant unkindness.”
—George Eliot [Mary Ann (or Marian)