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 second [of Zeno’s arguments about motion] is the one called “Achilles.” This is to the effect that the slowest as it runs will never be caught by the quickest. For the pursuer must first reach the point from which the pursued departed, so that the slower must always be some distance in front.”
—Zeno Of Elea (c. 490–430 B.C.)
“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)
“To say that a man is vain means merely that he is pleased with the effect he produces on other people. A conceited man is satisfied with the effect he produces on himself.”
—Max Beerbohm (1872–1956)