Tag: Balanced Budget

Balanced Budget and Emergency Deficit Control Act of 1985, aka Gramm-Rudman-Hollings (GRH) (CongressionalGlossary.com)

Balanced Budget and Emergency Deficit Control Act of 1985, aka Gramm-Rudman-Hollings (GRH) (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Balanced Budget and Emergency Deficit Control Act of 1985, aka Gramm-Rudman-Hollings (GRH)   President Reagan’s Remarks to Congressional Supporters for a Balanced Budget on December 18, 1985   Also known as the Deficit Control Act, originally known as Gramm-Rudman-Hollings. Among other changes to the budget […]

Budget Process (CongressionalGlossary.com)

Budget Process (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Budget Process photo credit: irina slutsky Established by the Congressional Budget and Impoundment Act of 1974, the budget process refers to the steps necessary for adoption of a concurrent resolution on the budget, thereby creating the framework for consideration of appropriations bills and authorizing legislation. […]