Balanced Budget Act of 1997
E131892
The Balanced Budget Act of 1997 is a major U.S. federal law that overhauled Medicare and other health programs to reduce federal spending and expand private-plan options for beneficiaries.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Balanced Budget Act of 1997 canonical | 6 |
How this entity was disambiguated
This entity first appeared as the object of triple T1150060 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Balanced Budget Act of 1997 Context triple: [Medicare Part C, legalBasis, Balanced Budget Act of 1997]
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A.
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
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B.
Personal Responsibility and Work Opportunity Reconciliation Act of 1996
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a landmark U.S. welfare reform law that overhauled federal assistance programs by imposing work requirements, time limits on benefits, and greater state control over welfare policy.
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C.
Fiscal Responsibility and Budget Management Act
The Fiscal Responsibility and Budget Management Act is an Indian law aimed at institutionalizing financial discipline by setting targets for reducing fiscal deficits and improving the government’s overall fiscal health.
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D.
Simpson–Bowles deficit reduction plan
The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
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E.
Economic Recovery Tax Act of 1981
The Economic Recovery Tax Act of 1981 was a major U.S. federal law that sharply reduced income tax rates and accelerated depreciation in an effort to stimulate economic growth under President Ronald Reagan’s supply-side economic program.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Balanced Budget Act of 1997 Target entity description: The Balanced Budget Act of 1997 is a major U.S. federal law that overhauled Medicare and other health programs to reduce federal spending and expand private-plan options for beneficiaries.
-
A.
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
-
B.
Personal Responsibility and Work Opportunity Reconciliation Act of 1996
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is a landmark U.S. welfare reform law that overhauled federal assistance programs by imposing work requirements, time limits on benefits, and greater state control over welfare policy.
-
C.
Fiscal Responsibility and Budget Management Act
The Fiscal Responsibility and Budget Management Act is an Indian law aimed at institutionalizing financial discipline by setting targets for reducing fiscal deficits and improving the government’s overall fiscal health.
-
D.
Simpson–Bowles deficit reduction plan
The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
-
E.
Economic Recovery Tax Act of 1981
The Economic Recovery Tax Act of 1981 was a major U.S. federal law that sharply reduced income tax rates and accelerated depreciation in an effort to stimulate economic growth under President Ronald Reagan’s supply-side economic program.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
budget reconciliation act ⓘ |
| affectsProgram |
Children's Health Insurance Program
ⓘ
Medicaid ⓘ Medicare ⓘ |
| aimedAt | reducing federal spending ⓘ |
| appliesTo | United States health care system ⓘ |
| billType | budget reconciliation bill ⓘ |
| containsProvision |
Medicaid disproportionate share hospital payment limits
ⓘ
Medicare graduate medical education changes ⓘ Medicare managed care expansion ⓘ Medicare payment reductions to providers ⓘ home health payment reforms ⓘ new Medicare preventive benefits ⓘ |
| context | post-1994 federal budget conflicts ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createsProgram |
Medicare Part C
ⓘ
surface form:
Medicare+Choice
|
| dateSigned | 1997-08-05 ⓘ |
| enactedBy | 105th United States Congress ⓘ |
| estimatedDeficitReduction | hundreds of billions of dollars over ten years ⓘ |
| expanded | private-plan options for Medicare beneficiaries ⓘ |
| followedBy | Balanced Budget Refinement Act of 1999 ⓘ |
| hasConsequence |
financial pressure on hospitals and other providers
ⓘ
slowed growth of Medicare spending ⓘ |
| includedCompromiseOn | tax and spending levels ⓘ |
| introducedPrivatePlanOptionsFor | Medicare beneficiaries ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| laterNameOfCreatedProgram |
Medicare Part C
ⓘ
surface form:
Medicare Advantage
|
| legalCitation | 111 Stat. 251 ⓘ |
| negotiatedBetween |
Clinton administration
ⓘ
surface form:
Clinton administration and Republican-controlled Congress
|
| partOf | 1997 budget agreement ⓘ |
| policyArea |
entitlement reform
ⓘ
federal budget ⓘ health care ⓘ |
| presidentAtSigning | Bill Clinton ⓘ |
| primaryGoal | balance the federal budget by 2002 ⓘ |
| publicLawNumber | Public Law 105-33 ⓘ |
| reducedSpendingOn |
Medicaid
ⓘ
Medicare ⓘ |
| regulates |
Medicare Part C
ⓘ
surface form:
Medicare managed care plans
Medicare payment methodologies ⓘ |
| shortName | BBA 1997 ⓘ |
| signedBy | Bill Clinton ⓘ |
| subjectOf |
Medicare reform debates
ⓘ
health policy analyses ⓘ |
| title | Balanced Budget Act of 1997 self-link ⓘ |
| typeOfReform | Medicare structural reform ⓘ |
| yearEnacted | 1997 ⓘ |
How these facts were elicited
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You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Subject: Balanced Budget Act of 1997 Description of subject: The Balanced Budget Act of 1997 is a major U.S. federal law that overhauled Medicare and other health programs to reduce federal spending and expand private-plan options for beneficiaries.
Referenced by (6)
Full triples — surface form annotated when it differs from this entity's canonical label.