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On August 12, 1986, Representative Dan Rostenkowski 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 act has been amended several times, including provisions in the Balanced Budget and Emergency Deficit Control Act of 1985, the Budget Enforcement Act of 1990, and the Balanced Budget Act of 1997. The original 1974 legislation, however, remains the basic blueprint for budget procedures today.
The term "budget sequestration" was first used to describe an enforcement procedure of the Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA) designed to keep Federal deficits below a maximum level limit. The hard caps were abandoned and replaced with a PAYGO system by the Budget Enforcement Act of 1990, which was in effect ...
Gramm-Rudman-Hollings Balanced Budget and Emergency Deficit Control Act of 1985. Add languages ... Download as PDF; ... Gramm–Rudman–Hollings Balanced Budget Act;
An Act to provide for budget control. Enacted by: the 112th United States Congress: Effective: August 2, 2011: Citations; Public law: Pub. L. 112–25 (text) Statutes at Large: 125 Stat. 239: Codification; Acts amended: Balanced Budget and Emergency Deficit Control Act of 1985 Congressional Budget and Impoundment Control Act of 1974 Deficit ...
Bipartisan Budget Act of 2013; Long title: Making continuing appropriations for fiscal year 2014, and for other purposes. Nicknames: Budget bill: Enacted by: the 113th United States Congress: Citations; Public law: Pub. L. 113–67 (text) Codification; Acts amended: Balanced Budget and Emergency Deficit Control Act of 1985, and others ...
The Deficit Reduction Act may refer to various pieces of United States legislation, including: Deficit Reduction Act of 1984; Gramm-Rudman-Hollings Deficit Reduction Act of 1985; Omnibus Budget Reconciliation Act of 1993; Deficit Reduction Act of 2005
The Congressional Budget and Impoundment Control Act of 1974 was passed in response to the abuse of power under President Nixon. [1] The Act removed that power, and Train v. City of New York (whose facts predate the 1974 Act, but which was argued before the U.S. Supreme Court after its passage), closed potential loopholes in the 1974 Act. The ...