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What was the goal of the 1985 Gramm-Hollings act?

eat my a$$


What was the goal of the 1985 Gramm-Rudman-Hollings Act?

eat my a$$


The purpose of the Gramm-Rudman-Hollings Act passed by Congress in 1985 was to require the federal government to bring about a?

balanced budget


What did the Gramm-Rudman-Hollings Act do?

The Balance Budget and Emergency Deficit Control Act is popularly known as the Gramm-Rudman-Hollings Act after the names of its principal sponsors, and was designed to reduce the federal budget deficit around the 1980s.


What did the Gramm-Rudman-Hollings Act require?

The Gramm-Rudman-Hollings Act was an act to balance the budget of the US federal government. The purpose of the act was to restrict federal spending, and shrink the overall size of the government.


What bills was passed to address the problem of the federal budget deficit?

gramm rudman hollings act


What did the gramm-hollings act require?

automatic spending cuts when the deficit reached a certain amount


What is Gramm-Rudman Hollings Budget Act of 1985 and 1987?

The Gramm-Rudman-Hollings Budget Act, enacted in 1985 and amended in 1987, was a U.S. law aimed at reducing the federal budget deficit through mandatory spending cuts. It established a framework for achieving budgetary balance by setting annual deficit targets, which would automatically trigger across-the-board spending cuts if Congress failed to meet these targets. The act was significant for introducing the concept of "sequestration," where specific budgetary reductions would take effect if deficit goals were not met. Despite its intentions, the act faced challenges and was ultimately deemed ineffective in fully curbing budget deficits.


What law was created to force presidents and Congress to work together to reduce federal budget deficits?

Gramm-Rudman-Hollings Act


What was the major goal of the Dawes act of 1887?

What was a major goal of he Dawes act 1887


When was ignou established?

It was established in 1985 under the Indira Gandhi National Open University Act, 1985 (IGNOU Act 1985)


When was ignou university established?

It was established in 1985 under the Indira Gandhi National Open University Act, 1985 (IGNOU Act 1985)