Journal Article

Back to the future: prospective deficits through the prism of the past


Abstract: A look at the Clinton administration's first piece of budget legislation--the Omnibus Budget Reconciliation Act of 1993 (OBRA93)--showing that although it appears to be more successful than OBRA90, its Bush administration predecessor, it may still be subject to the same type of unanticipated \\"technical\\" problems that undermined the earlier legislation.

Keywords: Budget deficits;

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1994

Issue: Mar

Order Number: 2