Omnibus Budget Reconciliation Act of 1986

E330800

United States federal statute budget reconciliation act

The Omnibus Budget Reconciliation Act of 1986 was a major U.S. federal law that implemented wide-ranging budget cuts and tax reforms as part of efforts to reduce the federal deficit during the Reagan administration.

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All labels observed (1)

Label	Occurrences
Omnibus Budget Reconciliation Act of 1986 canonical	2

Statements (32)

Predicate	Object
instanceOf	United States federal statute ⓘ budget reconciliation act ⓘ
aimedAt	reducing federal deficit ⓘ
appliesToJurisdiction	United States government ⓘ surface form: United States federal government
country	United States of America ⓘ surface form: United States
federalDeficitReductionGoal	yes ⓘ
followedBy	Omnibus Budget Reconciliation Act of 1987 ⓘ
governmentLevel	federal ⓘ
hasComponent	budget cuts ⓘ revenue provisions ⓘ spending reductions ⓘ tax reform provisions ⓘ
language	English ⓘ
legalForm	public law ⓘ
legislativeBody	United States Congress ⓘ
legislativeBranch	United States House of Representatives ⓘ United States Senate ⓘ
legislativeProcess	budget reconciliation ⓘ
partOf	Reagan-era deficit reduction efforts ⓘ
policyArea	budget policy ⓘ fiscal policy ⓘ tax policy ⓘ
precededBy	Omnibus Budget Reconciliation Act of 1985 ⓘ
presidentialAdministration	Reagan administration ⓘ
regulates	federal entitlement spending ⓘ federal tax expenditures ⓘ
signedBy	Ronald Reagan ⓘ
subjectMatter	federal budget ⓘ federal spending ⓘ federal taxation ⓘ
timePeriod	1980s ⓘ
typeOfAction	omnibus legislation ⓘ

Referenced by (2)

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 1986 ⓘ

Omnibus Budget Reconciliation Act of 1985 → relatedTo → Omnibus Budget Reconciliation Act of 1986 ⓘ