What Does Omnibus Budget Reconciliation Act of 1993 Mean?

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What does Omnibus Budget Reconciliation Act of 1993 mean? Read on to discover the definition & meaning of the term Omnibus Budget Reconciliation Act of 1993 - to help you better understand the language used in insurance policies.

Omnibus Budget Reconciliation Act of 1993

Omnibus Budget Reconciliation Act of 1993

The Omnibus Budget Reconciliation Act of 1993 was passed as part of President Clinton's first budget, which aimed to address the nation's debt problem. It mostly raised taxes for high-income citizens and corporations.

We hope the you have a better understanding of the meaning of Omnibus Budget Reconciliation Act of 1993.

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