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<a href="http://www.encyclopedia.com/doc/1E1-GrammRudm.html" title="Facts and information about Gramm-Rudman-Hollings Act">Gramm-Rudman-Hollings Act</a>
Gramm-Rudman-Hollings Act officially the Balanced Budget and Emergency Deficit Control Act of 1985, U.S. budget deficit reduction measure. The law provided for automatic spending cuts to take effect if the president and Congress failed to reach established targets; the U.S. comptroller general was given the right to order spending cuts. Because the automatic cuts were declared unconstitutional, a revised version of the act was passed in 1987; it failed to result in reduced deficits. A 1990 revision of the act changed its focus from deficit reduction to spending control.
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(Including press releases, facts, information, and biographies)
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Lewis K. Uhler, president of National Tax Limitation Committee, comments on...
PR Newswire February 7, 1986 700+ words ...the Gramm-Rudman-Hollings balanced budget law...automatic cuts, the Gramm-Rudman-Hollings law will become a...failure by Congress to act," Uhler said...this decision, the Gramm-Rudman-Hollings bill will become a... |
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Gramm-Rudman-Hollings Budget Act cuts Trade Readjustment Allowances benefits.
PR Newswire October 20, 1989 700+ words GRAMM-RUDMAN CUTS TRA BENEFITS DETROIT, Oct...benefits are payable under the Trade Act of 1974. They help workers who lose...goods. The cuts were imposed by the Gramm-Rudman-Hollings Budget Act which took effect when Congress failed... |
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Defense could take $27 million cut under GRH. (Gramm-Rudman-Hollings Act)
Newspaper article from: Defense Daily May 9, 1990 700+ words Defense, which absorbs half of any spending cuts under the Gramm-Rudman-Hollings (GRH) law, may have to take a $27.5 billion outlay reduction next fall, according to an assessment by Budget Director Richard... |
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President will decide on exemptions by Wednesday. (Pentagon personnel to...
Newspaper article from: Defense Daily August 13, 1990 700+ words ...WEDNESDAY. President Bush will inform Congress by Wednesday on the details of Pentagon personnel exemptions to Gramm-Rudman-Hollings (GRH). Some have speculated that the looming GRH sequestration is so huge that Bush will exempt all military... |
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Defense digest; a weekly summary of trends & developments in defense and...
Newspaper article from: Defense Daily November 27, 1989 700+ words ...9 million in DoE nuclear weapons work--will take a $2.1 billion reduction in budget authority from the Gramm-Rudman-Hollings 1.5 percent four-month sequester on defense. The $281.2 billion in outlays in the bill will be cut by... |
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Government just gave up on a diet plan that worked. (the Gramm-Rudman-Hollings...
Magazine article from: Insight on the News Gramm, Phil July 26, 1993 700+ words ...re just too tough. And the Gramm-Rudman-Hollings deficit reduction law was abandoned...is exactly what happened with Gramm-Rudman. Shortly after the 271 representatives...Budget and Impoundment Control Act. Passed in 1974 "to assure effective... |
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5 Years of Gramm-Rudman-Hollings;Authors Vary Widely in Assessing Results of...
Newspaper article from: The Washington Post Helen Dewar October 15, 1990 700+ words ...approach that even Rudman characterized at...freshmen Republicans Gramm and Rudman and the more senior Hollings, a Democratic maverick...force it to get its act together," said Rudman. "It's a monster...Rudman contended. Gramm puts as much emphasis... |
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FAULTY BUDGET PROJECTIONS PROP UP MASSIVE U.S. DEFICIT / GRAMM-RUDMAN-HOLLINGS...
Newspaper article from: The Journal Record LEONARD SILK September 12, 1987 700+ words ...begins Oct. 1, and revising the Gramm-Rudman-Hollings law to set new budget targets...13 billion above the original Gramm-Rudman 1987 target of $144 billion...the phase-in of the Tax Reform Act of 1986 and of various one-time... |
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A Choice Between Two Africas; Don't let Gramm-Rudman-Hollings do development...
Newspaper article from: The Washington Post John T. Walker April 1, 1987 700+ words ...following years of drought. It's called the Gramm-Rudman-Hollings Plan and threatens to abort the emergence of an...Congressional budget committees, applying the Gramm-Rudman-Hollings Act as "equitably" as possible, have reduced the... |
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One giant step for Washington. (Gramm-Rudman-Hollings plan)
Magazine article from: U.S. News & World Report Sheler, Jeffrey L. December 23, 1985 700+ words In a historic act of repentance for decades of deficit...unworkable, signed the so-called Gramm-Rudman-Hollings plan into law on December 12, putting...uncertainty about the effects of Gramm-Rudman. "Deficit reduction is now the... |
For more facts and information, see all related premium articles
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Gramm-Rudman-Hollings Act
Dictionary entry from: Dictionary of American History GRAMM-RUDMAN-HOLLINGS ACT GRAMM-RUDMAN-HOLLINGS ACT (1985), officially the Balanced Budget and Emergency Deficit Control Act, was championed by Republican U.S. Senators Philip Gramm of Texas and Warren Rudman of New Hampshire, and... |
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Phil Gramm
Book article from: The Columbia Encyclopedia, Sixth Edition ...election to reclaim his seat. Gramm served in the U.S. Senate from...conservative, he was a coauthor of the Gramm-Rudman-Hollings Act in the 1980s and later supported...requiring a balanced federal budget. Gramm made an unsuccessful bid for the... |
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Congressional Budget and Impoundment Control Act (1974)
Book article from: Major Acts of Congress ...handle the crisis. The two branches turned instead to new statutes, including the Gramm-Rudman-Hollings Act of 1985 (often referred to as Gramm-Rudman), the Budget Enforcement Act of 1990, and the Line Item Veto Act of 1996. GOALS... |
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Balanced Budget and Emergency Deficit Control Act (1985)
Book article from: Major Acts of Congress ...Budget and Emergency Deficit Control Act (1985) Jonathan L. Entin T he...Budget and Emergency Deficit Control Act (P.L. 99-177, 99 Stat. 1038) is popularly known as the Gramm-Rudman-Hollings Act after the names of its principal... |
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Gray, William Herbert, III
Encyclopedia entry from: West's Encyclopedia of American Law ...Gray opposed the Gramm-Rudman-Hollings Act, also known as the...Emergency Deficit Control Act, 2 U.S.C.A...Gray argued that the act led to budget padding...7 billion under the Gramm-Rudman-Hollings ceiling. He accomplished... |
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