Omnibus Budget Reconciliation Act of 1993 - Effect

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:

    Other countries drink to get drunk, and this is accepted by everyone; in France, drunkenness is a consequence, never an intention. A drink is felt as the spinning out of a pleasure, not as the necessary cause of an effect which is sought: wine is not only a philtre, it is also the leisurely act of drinking.
    Roland Barthes (1915–1980)

    The effect of studying masterpieces is to make me admire and do otherwise.
    Gerard Manley Hopkins (1844–1889)

    I guess what I’ve really discovered is the humanizing effect of children in my life—stretching me, humbling me. Maybe my thighs aren’t as thin as they used to be. Maybe my getaways aren’t as glamorous. Still I like the woman that motherhood has helped me to become.
    Susan Lapinski (20th century)