Public Law 103-66

E666918

Public Law 103-66 is the formal designation for the Omnibus Budget Reconciliation Act of 1993, a major U.S. federal law that implemented significant deficit-reduction measures through tax increases and spending cuts.

All labels observed (2)

Label Occurrences
Public Law 103-66 canonical 3
Pub.L. 103-66 1

How this entity was disambiguated

Statements (52)

Predicate Object
instanceOf United States federal statute
budget reconciliation act
aimedAt reducing federal budget deficit
appliesTo Medicaid program
linked to: Medicaid

Medicare program
linked to: Medicare

United States taxpayers
federal agencies
chamberOfOrigin United States House of Representatives
containsProvision Medicaid savings measures
Medicare payment reductions
creation of 36 percent and 39.6 percent individual income tax brackets
discretionary spending caps
expansion of the Earned Income Tax Credit
fuel tax increases
increase in corporate income tax rate for highest bracket
increase in taxable portion of Social Security benefits for some beneficiaries
increase in top individual income tax rate
mandatory spending reductions
country United States of America
dateSigned 1993-08-10
enactedBy 103rd United States Congress
followedBy later federal budget and reconciliation acts
impact reduction in projected federal deficits in the 1990s
significant increase in federal revenues
jurisdiction federal government of the United States
legislativeProcess budget reconciliation
officialName Omnibus Budget Reconciliation Act of 1993
otherChamber United States Senate
partyOfPresidentAtEnactment Democratic Party
policyArea Medicaid
Medicare
agriculture
earned income tax credit
education
energy
federal budget and spending
health care financing
social welfare
taxation
precededBy Omnibus Budget Reconciliation Act of 1990
presidentAtEnactment Bill Clinton
primaryPurpose deficit reduction
federal budget reconciliation for fiscal year 1994 and beyond
publicLawNumber Pub.L. 103-66
linked to: Public Law 103-66
relatedTo federal budget for fiscal year 1994
shortName OBRA 1993
linked to: OBRA-93
signedBy Bill Clinton
sponsorChamberMajorityParty Democratic Party
statutesAtLargeCitation 107 Stat. 312
timeHorizon five-year deficit reduction plan
votingPattern largely along party lines
yearEnacted 1993

How these facts were elicited

Referenced by (4)

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

OBRA-93 locatedInLegalCode Public Law 103-66
Public Law 103-66 publicLawNumber Pub.L. 103-66
linked to: Public Law 103-66