Omnibus Budget Reconciliation Act (OBRA)

The Omnibus Budget Reconciliation Act (OBRA) is a U.S. law enacted in 1981 aimed at reducing federal budget deficits. It includes various provisions for budget cuts and adjustments across different government programs, including health care, welfare, and education. One significant aspect of OBRA is its impact on Medicaid, which mandated states to improve efficiency in their programs. The law has undergone several amendments, evolving over the years to address changing economic conditions and policy priorities, demonstrating the government's ongoing efforts to manage its fiscal responsibilities effectively.