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Gramm-Rudman-Hollings Act
(redirected from Gramm-Rudman-Hollings)

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Gramm-Rudman-Hollings Act
Legislation in the United States, passed in 1985, that mandated automatic cuts in federal discretionary spending if the government deficit rose above stated target levels. The severity of the cuts was considered draconian and the Act was found largely unconstitutional in 1987. It was replaced by the Budget Enforcement Act of 1990.
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SOS is modeled on the Gramm-Rudman-Hollings approach, but it is strengthened and updated to deal with the budget realities of this millennium.
It's time to stop federal overspending by Gregg, Judd / New Hampshire Business Review
He refutes his own reform proposal by recounting the Gramm-Rudman-Hollings budget-control scheme and the Budget Enforcement Act.
Running on Empty: How the Democratic and Republican Parties Are ... by Montanye, James A. / Independent Review
On domestic issues, in 1985, Kerry was one of the first congressional Democrats to support the Gramm-Rudman-Hollings balanced budget act, steering the Democratic Party toward fiscal responsibility that is lacking under George Bush.
LETTERS IN THE EDITOR'S MAILBAG by The Register-Guard (Eugene, OR)
 
 
 
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