Revenue Reconciliation Act Of 1993
The Omnibus Budget Reconciliation Act of 1993 (or OBRA-93) was a federal law that was enacted by the 103rd United States Congress and signed into law by President Bill Clinton on August 10, 1993. It has also been unofficially referred to as the Deficit Reduction Act of 1993. Part XIII of the law is also called the Revenue Reconciliation Act of 1993. The bill stemmed from a budget proposal made by Clinton in February 1993; he sought a mix of tax increases and spending reductions that would cut the deficit in half by 1997. Though every congressional Republican voted against the bill, it passed by narrow margins in both the House of Representatives and the Senate. The act increased the top federal income tax rate from 31% to 39.6%, increased the corporate income tax rate, raised fuel taxes, and raised various other taxes. The bill also included $255 billion in spending cuts over a five-year period. The effects of the bill helped the US federal government to experience in 1998 its fir ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Martin Olav Sabo
Martin Olav Sabo (February 28, 1938 – March 13, 2016) was an American politician who served as United States Representative for , which includes Minneapolis; the district is one of eight congressional districts in Minnesota. Early life and education Sabo was born in Crosby, North Dakota, the son of Norwegian immigrant parents. He received a B.A. from Augsburg College in Minneapolis in 1959, later pursuing graduate studies at the University of Minnesota. Career Minnesota Legislature He was elected to the Minnesota House of Representatives in 1960 at the age of 22, later serving as minority leader (1969–72) and as the first Democrat to serve as house speaker (1973–78). During his tenure in the state house he served terms as president of the National Conference of State Legislatures and of the National Legislative Conference, and was a presidential appointee to the National Advisory Commission on Intergovernmental Relations. U.S. Congress When eight-term incumbent ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Earned Income Tax Credit
The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low income adults with no children are eligible. For a person or couple to claim one or more persons as their qualifying child, requirements such as relationship, age, and shared residency must be met.Tax Year 2020 1040 and 1040-SR Instructions, including the instructions for Schedules 1 through 3 Rules for EIC begin on page 40 for 2020 Tax Year. EITC phases in slowly, has a medium-length plateau, and phases out more slowly than it was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Earned Income Tax Credit
The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low income adults with no children are eligible. For a person or couple to claim one or more persons as their qualifying child, requirements such as relationship, age, and shared residency must be met.Tax Year 2020 1040 and 1040-SR Instructions, including the instructions for Schedules 1 through 3 Rules for EIC begin on page 40 for 2020 Tax Year. EITC phases in slowly, has a medium-length plateau, and phases out more slowly than it was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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David Boren
David Lyle Boren (born April 21, 1941) is a retired American lawyer and politician from the state of Oklahoma. A member of the Democratic Party, he served as 21st governor of Oklahoma from 1975 to 1979 and three terms in the United States Senate from 1979 to 1994. A conservative Democrat, as of 2022, he is the most recent in his party to have served as U.S. Senator from Oklahoma. He was the 13th and second-longest serving president of the University of Oklahoma from 1994 to 2018. He was the longest serving chairman of the Senate Select Committee on Intelligence. On September 20, 2017, Boren officially announced his retirement as president of the University of Oklahoma, effective June 30, 2018. Early life and career Boren was born in Washington, D.C., the son of Christine (née McKown) and Lyle Hagler Boren. He graduated in 1963 from Yale University, where he majored in American history, graduated in the top one percent of his class and was elected to Phi Beta Kappa. He was a me ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richard Shelby
Richard Craig Shelby (born May 6, 1934) is an American lawyer and politician serving as the senior United States senator from Alabama. First elected to the U.S. Senate in 1986 as a Democrat who later switched to the Republican Party in 1994, he chaired the Senate Appropriations Committee from 2018 to 2021. He previously chaired the Senate Intelligence Committee, the Senate Banking Committee, and the Senate Rules Committee. He is the longest-serving U.S. senator from Alabama, surpassing John Sparkman's record in March 2019. Born in Birmingham, Alabama, Shelby received his law degree from the Birmingham School of Law in 1961. He went on to serve as city prosecutor from 1963 to 1971. During this period he worked as a U.S. magistrate for the Northern District of Alabama (1966–1970) and Special Assistant Attorney General of Alabama (1969–1971). He won a seat in the Alabama Senate in 1970. In 1978, he was elected from the 7th district to the United States House of Representat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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David L
David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". was, according to the Hebrew Bible, the third king of the United Kingdom of Israel. In the Books of Samuel, he is described as a young shepherd and harpist who gains fame by slaying Goliath, a champion of the Philistines, in southern Canaan. David becomes a favourite of Saul, the first king of Israel; he also forges a notably close friendship with Jonathan, a son of Saul. However, under the paranoia that David is seeking to usurp the throne, Saul attempts to kill David, forcing the latter to go into hiding and effectively operate as a fugitive for several years. After Saul and Jonathan are both killed in battle against the Philistines, a 30-year-old David is anointed king over all of Israel and Judah. Following his rise to power, David ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bennett Johnston Jr
John Bennett Johnston Jr. (born June 10, 1932) is a retired American attorney, politician, and later lobbyist. A member of the Democratic Party, Johnston represented Louisiana in the U.S. Senate from 1972 to 1997. Beginning his political career when elected as a state representative from Caddo Parish in 1964, Johnston also served in the state senate before winning election to the U.S. Senate. Early life and education Johnston was born in Shreveport, Louisiana, to the attorney John Bennett Johnston (1894–1977) and the former Wilma Lyon (1904–1996). Johnston attended the private elementary and junior high Southfield School in the South Highlands neighborhood of Shreveport. He was inducted into the Southfield Hall of Fame in 1994. After Southfield, Johnston attended and graduated from C. E. Byrd High School in Shreveport. He attended the United States Military Academy in West Point, New York, and Washington and Lee University in Lexington, Virginia. In 1956, Johnston graduat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sam Nunn
Samuel Augustus Nunn Jr. (born September 8, 1938) is an American politician who served as a United States Senator from Georgia (1972–1997) as a member of the Democratic Party. After leaving Congress, Nunn co-founded the Nuclear Threat Initiative (NTI), a charitable organization working to prevent catastrophic attacks with nuclear, biological, and chemical weapons, for which he is a co-chair. His political experience and credentials on national defense reportedly earned him consideration as a potential running mate for presidential candidates John Kerry and Barack Obama after they became their party's nominees. Early life Nunn was born in Macon, Georgia, the son of Mary Elizabeth (née Cannon) and Samuel Augustus Nunn, who was an attorney and mayor of Perry, Georgia. Nunn was raised in Perry. He is a grandnephew of Congressman Carl Vinson. Nunn was an Eagle Scout and recipient of the Distinguished Eagle Scout Award from the Boy Scouts of America. In high school, Nunn was a s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Richard Bryan
Richard Hudson Bryan (born July 16, 1937) is an American attorney and politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ... who served as a United States Senate, United States Senator from Nevada from 1989 to 2001. A Democratic Party (United States), Democrat, Bryan served as the 25th List of Governors of Nevada, Governor of Nevada from 1983 to 1989, and before that served as the state's Nevada Attorney General, attorney general and a member of the Nevada Senate, State Senate. Early life Bryan was born in Washington, D.C., and graduated from the University of Nevada, Reno, University of Nevada at Reno, Nevada, Reno in 1959 where he was a member of Alpha Tau Omega and the president of ASUN. He earned his Juris Doctor, J.D. degree from the University of California, Hastings ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Frank Lautenberg
Frank Raleigh Lautenberg (; January 23, 1924 June 3, 2013) was an American businessman and Democratic Party politician who served as United States Senator from New Jersey from 1982 to 2001, and again from 2003 until his death in 2013. He was originally from Paterson, New Jersey. Lautenberg was elected five terms as Senator. He first took office in December 1982 and served three terms, retiring from the Senate in 2001. Called upon to run again one year later due to circumstances surrounding his Senate colleague Robert Torricelli's re-election campaign, Lautenberg returned to the Senate in January 2003 and was elected to one additional term in 2008. He died during his second term and remains New Jersey's longest serving senator, with a total of 28 years, 5 months and 8 days in office. Before entering politics, he was an early partner in, and became the chairman and chief executive officer of Automatic Data Processing, Inc. In his early years, he served overseas in the U.S. Army Si ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bernie Sanders
Bernard Sanders (born September8, 1941) is an American politician who has served as the junior United States senator from Vermont since 2007. He was the U.S. representative for the state's at-large congressional district from 1991 to 2007. Sanders is the longest-serving independent in U.S. congressional history. He has a close relationship with the Democratic Party, having caucused with House and Senate Democrats for most of his congressional career. He is often seen as a leader of the democratic socialist movement in the United States. Sanders unsuccessfully sought the Democratic Party nomination for president of the United States in 2016 and 2020, finishing in second place in both campaigns. Before his election to Congress, he was mayor of Burlington, Vermont. Born into a working-class Jewish family and raised in the Brooklyn borough of New York City, Sanders attended Brooklyn College before graduating from the University of Chicago in 1964. While a student, he wa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States Congress Conference Committee
A conference committee is a joint committee of the United States Congress appointed by the House of Representatives and Senate to resolve disagreements on a particular bill. A conference committee is usually composed of senior members of the standing committees of each house that originally considered the legislation. The use of the conference committee process has steadily declined in recent decades. 67 conference reports were produced as recently as the 104th Congress (1995–96), falling to just three in the 113th Congress (2013–14). Going to conference Conference committees operate after the House and the Senate have passed different versions of a bill. Conference committees exist to draft a compromise bill that both houses can accept. Both houses of Congress must pass identical legislation in order for a bill to be presented to the President. The two houses can reach that point through the process of amendments between Houses, where the House passes the Senate bill with a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |