Gramm-Rudman-Hollings Act
From: The Columbia Encyclopedia, Sixth Edition
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Date: 2008
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.
Author not available, GRAMM-RUDMAN-HOLLINGS ACT.,
The Columbia Encyclopedia, Sixth Edition 2008
The Columbia Encyclopedia, Sixth Edition. Copyright 2008 Columbia University Press
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5 Years of Gramm-Rudman-Hollings;Authors Vary Widely in Assessing Results of Budget-Balancing Law
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... which begins Oct. 1, and revising the Gramm-Rudman-Hollings law to set new budget targets and establish ... result of the phase-in of the Tax Reform Act of 1986 and of various one-time outlay ... Grassley Amendment to the Deficit Reduction Act of 1984, calculates that congressional ...
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... billion dollars, by Feb. 5, 1986. What happens then? Congress must act on the 1987 budget, including any changes it wants, by June 15 ... does not meet constitutional requirements that Congress must act on any changes in government spending. The measure provides for ...
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Reagan Mulls Veto Of Bill to Repair Deficit-Cutting Act; Difficult Choice Involves Tax Increase and Defense
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Congress Tries Its Great Balancing Act Groping for a quick cure for federal deficits, Congress ... than lack of a structure and warned that, in the end, the Gramm-Rudman-Hollings plan could go unenforced. If the President, in the name ... work as intended.' An analysis by the Economic Unit of ...
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... for Congress to pass the Social Security Preservation Act, which I introduced in the House last year along with ... would earn interest. The Social Security Preservation Act would accomplish several important goals. It would ... If we do not pass the Social Security Preservation Act there will be some very ...
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News updates. (sulfite ban, Supreme Court ruling on Gramm-Rudman, Safe Drinking Water Act)
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News updates * On July 9, the Food and Drug Administration issued final rules banning the use of six different types ... 100). The rules take effect in 30 days. * Practical ramifications of the new U.S. Supreme Court ruling on the Gramm-Rudman-Hollings law are being tested by a lawsuit filed in U.S ... .
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Cheney Threatens to Act Unilaterally on Pay Issue
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... is a defendant, or whether to enter the Deaver case, in which it is not named. Attorney Alan B. Morrison, who won the Gramm-Rudman-Hollings ruling last year striking down a portion of the budget-balancing law on separations of powers grounds, said he sees no ...
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Senate Leaders Seeking Gramm-Rudman Repairs; Deficit Targets Would Be Relaxed
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