The Omnibus Budget Reconciliation Act of 1993, provided funding for the Federal Deposit Insurance Corporation Act after the Federal Savings and Loan Insurance Corporation went bust.

Question

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The Omnibus Budget Reconciliation Act of 1993 primarily focused on reducing the federal deficit through spending cuts and tax increases. The Federal Deposit Insurance Corporation Improvement Act of 1991 was the legislation that addressed issues related to the savings and loan crisis, not the 1993 Act.

The Omnibus Budget Reconciliation Act of 1993, Provided Funding for the Federal