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Margaret H. McDermott and Bernard D. Reams, 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) (W. S. Hein, 1986). "H.J.RES.372 – CRS Summary of Balanced Budget and Emergency Deficit Control Act of 1985". THOMAS. Library of Congress ...
The CBO baseline has been used in every year since 1981 for developing budget resolutions and measuring compliance with reconciliation instructions. The Balanced Budget and Emergency Deficit Control Act of 1985 provided the first legal definition of baseline. For the most part, the act defined the baseline in conformity with previous usage.
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.
To amend the Balanced Budget and Emergency Deficit Control Act of 1985, to establish a congressional budget for fiscal years 2020 and 2021, to temporarily suspend the debt limit, and for other purposes. Pub. L. 116–37 (text) 116-38: August 2, 2019 (No short title)
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; Printable version ... Gramm–Rudman–Hollings ...
(3) the Balanced Budget and Emergency Deficit Control Act of 1985. The trust funds run surpluses in that the amount paid in by current workers is more than the amount paid out to current beneficiaries. These surpluses are invested in special U.S. government securities, which are deposited into the trust funds.
Baseline Reform Act of 2013; Long title: To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to reform the budget baseline. Announced in: the 113th United States Congress: Sponsored by: Rep. Rob Woodall (R, GA-7) Number of co-sponsors: 3: Codification; Acts affected