Which of these is a byproduct of the Omnibus Budget Reconciliation Act of 1993?
A) It created the first enterprise zones to stimulate economic development in distressed areas.
B) It developed a national growth policy emphasizing new community and inner-city development.
C) It established community development block grants.
D) It assured that homeownership was affordable and accessible for every American family.

Question

Quizplus · Accepted Answer

The Omnibus Budget Reconciliation Act of 1993 included provisions for creating enterprise zones, which were designated areas in distressed communities where businesses could receive tax advantages and other benefits to stimulate economic development and job creation.

Which of These Is a Byproduct of the Omnibus Budget