Omnibus Budget Reconciliation Act of 1981
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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.
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
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Omnibus Budget Reconciliation Act of 1981
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