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Gramm–Rudman–Hollings Balanced Budget Act

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Office (CBO) were required to report to the Comptroller General regarding their recommendations for how much must be cut. The Comptroller General then evaluated these reports, made his own conclusion, and gave a recommendation to the President, who was then required to issue an order effecting the reductions recommended by the Comptroller General unless Congress made the cuts in other ways within a specified amount of time.
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introduced the Balanced Budget and Emergency Deficit Control Reaffirmation Act. The Senate passed the bill with two amendments by a vote of 36–35, and the House approved the Senate's first amendment by voice vote but rejected the second amendment. The Senate rescinded that amendment by voice vote and
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The Comptroller General is nominated by the President from a list of three people recommended by the presiding officers of the House and Senate. He is removable only by impeachment or a joint resolution of Congress, which requires majority votes in both houses and is subject to a Presidential veto.
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increasing the budget amount, an across-the-board spending cut in discretionary expenditure is automatically triggered in these categories, affecting all departments and programs by an equal percentage. The amount exceeding the limit is held back by the Treasury and not transferred to the agencies
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deficit. This deficit is the amount by which expenditures by the federal government exceed its revenues each year and was at the time the largest in history in dollar terms. The Acts provided for automatic spending cuts ("cancellation of budgetary resources", called "sequestration") if the total
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Under the 1985 Act, allowable deficit levels were calculated in consideration of the eventual elimination of the federal deficit. If the budget exceeded the allowable deficit, across-the-board cuts were required. Directors of the Office of Management and Budget (OMB) and the Congressional Budget
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Deficit Control and the Gramm–Rudman–Hollings Act: The Legislative History of the Balanced Budget and Emergency Deficit Control Act of 1985 (P.L. 99-177)
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discretionary appropriations in various categories exceed in a fiscal year the budget spending thresholds. That is, if Congress enacts
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After enactment, these Acts were often referred to as "Gramm-Rudman-Hollings I" and Gramm-Rudman-Hollings II) after U.S. Senators
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Congress enacted a reworked version of the law in the 1987 Act. Gramm–Rudman failed, however, to prevent large budget deficits.
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Balanced budgets did not actually emerge until the late 1990s when budget surpluses (not accounting for liabilities to the
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Congress can give a number of reasons for this removal, including "inefficiency," "neglect of duty," or "malfeasance".
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providing for discretionary outlays in each fiscal year that exceed the budget totals, unless Congress passes another
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The process for determining the amount of the automatic cuts was found unconstitutional in the case of
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The House passed the 1985 bill by a vote of 271–154 and the Senate by 61–31, and President
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Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
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supplanted the fixed deficit targets, which replaced sequestration with a
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Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987
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A joint resolution increasing the statutory limit on the public debt.
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United States federal law concerning austerity and sequestration
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United States federal government administration legislation
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Balanced Budget and Emergency Deficit Control Act of 1985
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Balanced Budget and Emergency Deficit Control Act of 1985
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Balanced Budget and Emergency Deficit Control Act of 1985
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Congressional Budget and Impoundment Control Act of 1974
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Gramm–Rudman–Hollings Deficit Reduction Act of 1985
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Reams, 132: 69:"Gramm–Rudman–Hollings Balanced Budget Act" 830:Budget Process Law Annotated: 1993 Edition 361:Reported by the joint conference committee 120:Learn how and when to remove this message 955:Government finances in the United States 570:system, which was in effect until 2002. 782:"H.J.RES.324 All Congressional Actions" 708:"A Glossary of Political Economy Terms" 617:, title II, December 12, 1985, 99  597: 522:signed the bill on December 12, 1985. 502:specified in the appropriation bills. 131: 756:"H.R.5395, All Congressional Actions" 7: 645:, title I, Sept. 29, 1987, 101  58:adding citations to reliable sources 525:On August 12, 1986, Representative 639:Tooltip Public Law (United States) 611:Tooltip Public Law (United States) 25: 670:O'Keefe, Ed (November 20, 2012). 411:Fiscal Responsibility Act of 2023 138: 34: 925:Statute Compilations collection 347:on August 1, 1985 (passed) 45:needs additional citations for 564:Budget Enforcement Act of 1990 1: 888:gao.gov/products/GAO/OCG-86-2 403:Deficit Reduction Act of 2005 490:United States federal budget 950:99th United States Congress 375:on December 11, 1985 ( 367:on December 11, 1985 ( 189:99th United States Congress 976: 835:Government Printing Office 575:Social Security Trust Fund 488:The Acts aimed to cut the 407:Budget Control Act of 2011 353:on October 10, 1985 ( 401: 285: 137: 604:99th Congress, S.1702, 336:Committee consideration 262:U.S.C. sections amended 848:"(BPLA (1993) Online)" 365:agreed to by the House 363:on December 10, 1985; 823:. 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Index

Balanced Budget and Emergency Deficit Control Act of 1985

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"Gramm–Rudman–Hollings Balanced Budget Act"
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Great Seal of the United States
Acronyms
99th United States Congress
99-177
Statutes at Large
Stat.
1037
Congressional Budget and Impoundment Control Act of 1974
2 U.S.C.: Congress
2 U.S.C.
ch. 20
Legislative history
H.J.Res. 372
Phil Gramm
R
TX
Warren Rudman
R

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