Omnibus Budget Reconciliation Act of 1981

E323774

The Omnibus Budget Reconciliation Act of 1981 was a major U.S. federal law signed by President Ronald Reagan that significantly cut domestic spending and reshaped federal budget priorities as part of his broader economic program.

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All labels observed (1)

Label Occurrences
Omnibus Budget Reconciliation Act of 1981 canonical 6

Statements (48)

Predicate Object
instanceOf United States federal statute
budget reconciliation act
aimedAt reducing federal budget deficit growth
reducing growth of domestic spending
shifting budget priorities toward defense
alsoKnownAs Gramm–Latta Budget
OBRA 1981
appliesTo federal agencies and programs
budgetFunction altered baseline for future federal spending
reduced projected federal outlays
componentOf Reagan administration budget strategy
Ronald Reagan economic program
country United States of America
surface form: United States
effect constrained growth of means-tested programs
reduced federal grants to states and localities
reductions in certain entitlement programs
restructuring of social safety net programs
shift of responsibilities from federal government to states
significant cuts to domestic discretionary spending
followedBy subsequent Omnibus Budget Reconciliation Acts in the 1980s
governs levels of funding for multiple federal programs
historicalSignificance first major budget reconciliation bill of Reagan presidency
key legislative vehicle for implementing Reaganomics spending cuts
ideology conservative fiscal policy
introducedIn 97th United States Congress
jurisdiction United States government
surface form: United States federal government
legalForm public law
legislativeChamber United States House of Representatives
United States Senate
legislativeMechanism budget reconciliation
opposedBy advocates for social welfare programs
many Democrats in Congress
partOf Reaganomics
policyArea domestic spending
federal budget
social welfare programs
tax and fiscal policy
precededBy Budget resolutions of early Reagan administration
presidentDuringSigning Ronald Reagan
relatedTo Economic Recovery Tax Act of 1981
Gramm–Latta Budget
surface form: Gramm–Latta budget package
signedBy Ronald Reagan
subjectOf debate over impact on low-income Americans
scholarly analysis of Reagan-era fiscal policy
supportedBy Reagan administration
conservative members of Congress
timePeriod early 1980s United States economic policy shift
yearEnacted 1981

Referenced by (6)

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

Omnibus Budget Reconciliation Acts of the 1980s hasPart Omnibus Budget Reconciliation Act of 1981
Community Services Block Grant legalBasis Omnibus Budget Reconciliation Act of 1981
Social Services Block Grant createdBy Omnibus Budget Reconciliation Act of 1981
97th United States Congress enacted Omnibus Budget Reconciliation Act of 1981
Omnibus Budget Reconciliation Act of 1985 relatedTo Omnibus Budget Reconciliation Act of 1981
Omnibus Budget Reconciliation Act of 1982 relatedTo Omnibus Budget Reconciliation Act of 1981