The Balance Budget and Emergency Deficit Control Act is
popularly known as the Gramm-Rudman-Hollings Act after the names of
its principal sponsors, and was designed to reduce the federal
budget deficit around the 1980s.
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gramm rudman hollings act
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The Gramm-Rudman-Hollings Act was an act to balance the budget
of the US federal government. The purpose of the act was to
restrict federal spending, and shrink the overall size of the
government.