Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
E49999
The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
All labels observed (7)
How this entity was disambiguated
This entity first appeared as the object of triple T394209 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 Context triple: [99th United States Congress, enacted, Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985]
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A.
Full Employment and Balanced Growth Act of 1978
The Full Employment and Balanced Growth Act of 1978, also known as the Humphrey–Hawkins Act, is a U.S. law that set national goals for full employment, price stability, and economic growth while formalizing the Federal Reserve’s responsibility for monetary policy reporting and objectives.
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B.
Congressional Budget and Impoundment Control Act of 1974
The Congressional Budget and Impoundment Control Act of 1974 is a landmark U.S. federal law that overhauled the congressional budget process, curbed presidential impoundment of funds, and created key institutions such as the Congressional Budget Office.
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C.
Wheeler-Rayburn Act
The Wheeler-Rayburn Act is a New Deal-era U.S. federal law that restructured and regulated electric utility holding companies to curb monopolistic practices and protect consumers and investors.
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D.
Federal Reserve Reform Act of 1977
The Federal Reserve Reform Act of 1977 was a U.S. law that strengthened congressional oversight of the Federal Reserve and clarified its monetary policy objectives, including promoting maximum employment and price stability.
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E.
Consolidated Omnibus Budget Reconciliation Act of 1985
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a U.S. federal law that, among other provisions, allows workers and their families to continue employer-sponsored health insurance coverage for a limited time after job loss or other qualifying events.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 Target entity description: The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
-
A.
Full Employment and Balanced Growth Act of 1978
The Full Employment and Balanced Growth Act of 1978, also known as the Humphrey–Hawkins Act, is a U.S. law that set national goals for full employment, price stability, and economic growth while formalizing the Federal Reserve’s responsibility for monetary policy reporting and objectives.
-
B.
Congressional Budget and Impoundment Control Act of 1974
The Congressional Budget and Impoundment Control Act of 1974 is a landmark U.S. federal law that overhauled the congressional budget process, curbed presidential impoundment of funds, and created key institutions such as the Congressional Budget Office.
-
C.
Wheeler-Rayburn Act
The Wheeler-Rayburn Act is a New Deal-era U.S. federal law that restructured and regulated electric utility holding companies to curb monopolistic practices and protect consumers and investors.
-
D.
Federal Reserve Reform Act of 1977
The Federal Reserve Reform Act of 1977 was a U.S. law that strengthened congressional oversight of the Federal Reserve and clarified its monetary policy objectives, including promoting maximum employment and price stability.
-
E.
Consolidated Omnibus Budget Reconciliation Act of 1985
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a U.S. federal law that, among other provisions, allows workers and their families to continue employer-sponsored health insurance coverage for a limited time after job loss or other qualifying events.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
budget control law ⓘ |
| alsoKnownAs |
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
ⓘ
surface form:
Balanced Budget and Emergency Deficit Control Act of 1985
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 ⓘ
surface form:
Gramm–Rudman–Hollings Act
|
| amends | Congressional Budget and Impoundment Control Act of 1974 ⓘ |
| appliesTo |
certain mandatory spending programs
ⓘ
discretionary spending ⓘ |
| branch | legislative branch of the United States government ⓘ |
| codifiedIn | Title 2 of the United States Code ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dateEnacted | December 12, 1985 ⓘ |
| enforcementAgency |
Comptroller General of the United States
ⓘ
Office of Management and Budget ⓘ |
| era | Reagan administration ⓘ |
| exempted |
Social Security benefits from sequestration
ⓘ
some means-tested entitlement programs from sequestration ⓘ |
| foundUnconstitutionalInPartBy | Supreme Court of the United States ⓘ |
| historicalSignificance | first major U.S. law to impose binding deficit targets with automatic cuts ⓘ |
| introducedConcept | sequestration in U.S. federal budgeting ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| laterModifiedBy |
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
self-linksurface differs
ⓘ
surface form:
Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987
|
| laterSupersededInPartBy | Budget Enforcement Act of 1990 ⓘ |
| legislativeBody | United States Congress ⓘ |
| mechanism |
automatic across-the-board spending cuts
ⓘ
sequestration of budgetary resources ⓘ |
| namedAfter |
Ernest Hollings
ⓘ
Phil Gramm ⓘ Warren Rudman ⓘ |
| partiallyInvalidatedIn | Bowsher v. Synar ⓘ |
| partOf |
Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985
self-linksurface differs
ⓘ
surface form:
Balanced Budget and Emergency Deficit Control Act
|
| policyArea |
deficit reduction
ⓘ
federal budget ⓘ fiscal policy ⓘ |
| presidentAtSigning | Ronald Reagan ⓘ |
| publicLawNumber | Public Law 99-177 ⓘ |
| purpose |
to establish deficit targets for the federal government
ⓘ
to reduce the federal budget deficit ⓘ to require automatic spending cuts if deficit targets were not met ⓘ |
| relatedCourtCase | Bowsher v. Synar ⓘ |
| required |
annual deficit targets leading toward a balanced budget
ⓘ
presidential sequestration orders if targets were missed ⓘ |
| shortName | GRH Act ⓘ |
| signedBy | Ronald Reagan ⓘ |
| sponsors |
Ernest Hollings
ⓘ
surface form:
Senator Ernest Hollings
Phil Gramm ⓘ
surface form:
Senator Phil Gramm
Warren Rudman ⓘ
surface form:
Senator Warren Rudman
|
| status | amended ⓘ |
| subjectOf | debate over fiscal discipline and budget process reform in the United States ⓘ |
| yearEnacted | 1985 ⓘ |
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Subject: Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 Description of subject: The Gramm–Rudman–Hollings Balanced Budget and Emergency Deficit Control Act of 1985 was a landmark U.S. federal law that sought to reduce the federal budget deficit through automatic spending cuts if specified deficit targets were not met.
Referenced by (22)
Full triples — surface form annotated when it differs from this entity's canonical label.