The Omnibus Budget Reconciliation Act (OBRA)

The Omnibus Budget Reconciliation Act (OBRA) is a series of laws enacted in the 1980s aimed at reducing the U.S. federal budget deficit through various spending and tax modifications. It often includes provisions impacting healthcare, social programs, and government spending, with notable changes to Medicare and Medicaid policies to improve quality of care and control costs. Overall, OBRA laws seek to balance the federal budget while addressing key social and economic issues.