Omnibus Budget Reconciliation Act(OBRA)

Law
42 U.S.C. § 9801 et seq.  | (1981)

Legal Definition of Omnibus Budget Reconciliation Act

implemented massive government spending reductions and significantly altered the congressional budget process. As the centerpiece of President Ronald Reagan's “supply-side” revolution, the law called for $135 billion to be cut from federal programs while defense spending was greatly increased. The Act also shifted responsibility for the budget reconciliation process from congressional committees to the House and Senate floors. Later budget reconciliation acts (1990, 1993) were aimed at extending and adjusting five-year deficit reduction targets as part of the overall federal budget process.

Comments on Omnibus Budget Reconciliation Act

What made you want to look up Omnibus Budget Reconciliation Act? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

miscellaneous remnants or debris

Get Word of the Day daily email!

Test Your Vocabulary

The Exceptions Quiz III

  • one green toy robot amidst many red toy robots
  • Which of these words does not mean "nonsense"?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Add Diction

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!