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A provision of the Gramm-Rudman Act made it possible for private for profit physicians groups, hospitals and all for profit health care providers to get paid by Medicare and Medicaid. When For Profit providers started billing Medicare and Medicaid it created a considerable increase in the amount of paperwork health care providers have to submit for payment leaving fewer resources for actual patient care. Health care providers now spend more time and energy in paperwork than in providing quality patient care. To increase profits for the for profit providers standards of care have been compromised.

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What was the goal of the 1985 Gramm-Rudman-Hollings Act?

eat my a$$


What law was created to force presidents and Congress to work together to reduce federal budget deficits?

Gramm-Rudman-Hollings Act


Which theme was the gramm rudman act most closely related to?

Economics


Who Deregulated the Glass-Steagall Act?

The bill passed in the Senate 90-8 and in the House 362-57. The legislation was then signed into law by President Bill Clinton on November 12, 1999.The bill that ultimately repealed the Act was introduced in the Senate by Phil Gramm (Republican of Texas) and in the House of Representatives by Jim Leach (R-Iowa) in 1999. The bills were passed by a Republican majority, basically following party lines by a 54-44 vote in the Senate and by a bi-partisan 343-86 vote in the House of Representatives. After passing both the Senate and House the bill was moved to a conference committee to work out the differences between the Senate and House versions. The final bill resolving the differences was passed in the Senate 90-8 (one not voting) and in the House: 362-57 (15 not voting).


Could the Great Depression happen again?

It sure seems like it could sometimes! However, the main reason why The Great Depression occurred is because there was a "run" on banks, which caused them to fail on a wide scale basis. A run occurs when many people panic and withdraw all of their money at one time. This probably wouldn't happen today because banks are only required to keep a very small percentage of actual money in their vaults compared to the actual total of what the account-holders may have on paper. My bank has a statement on deposit slips that my money may not be completely available for withdrawal. Now I don't have a lot of money! However if I had, say 100 million dollars in my bank, I may only be able to withdraw a very small portion of it (as cash), because the bank only is required to have a very small portion of it in their vault.AnswerSearch >Gary Allen's None Dare Call it Conspiracy, Chapter 3"break the grip of the money trust" federal reserve 1913"Federal Reserve" "G. Edward Griffin" "Jekyll Island""Federal Reserve""The Money Masters"Rockefeller Rothschild I.G. FarbenHow a Group of International Bankers Engineered the 1929 Crash"Joseph P. Kennedy" 1929 crash warned1929 crash broker call loansEisenhower "Fort Knox" audit gold 1967 Johnson"Alex Jones" "The Obama Deception""behind the big news: propaganda"double money supply "Ben Bernanke" "Alan Greenspan" stagflationGramm Leach Bliley "Commodity Futures Modernization Act" 1920s Mortgages OR loans OR backed-securitiesquadrillion dollars derivatives mortgagesAmenstop productions

Related Questions

What was the goal of the 1985 gramm-rudman hollings act?

eat my a$$


What was the goal of the 1985 Gramm-Rudman-Hollings Act?

eat my a$$


What did the Gramm-Rudman-Hollings Act do?

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.


What bills was passed to address the problem of the federal budget deficit?

gramm rudman hollings act


What did the Gramm-Rudman-Hollings Act require?

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.


The purpose of the Gramm-Rudman-Hollings Act passed by Congress in 1985 was to require the federal government to bring about a?

balanced budget


What law was created to force presidents and Congress to work together to reduce federal budget deficits?

Gramm-Rudman-Hollings Act


How did gramm rudman act affect military?

Early release from military service.


What was the goal of the 1985 Gramm-Hollings act?

eat my a$$


Which theme was the gramm rudman act most closely related to?

Economics


What was the goal of the 1985 gram Rudman hollings act?

The 1985 Gramm-Rudman-Hollings Act aimed to reduce the federal budget deficit through a series of automatic spending cuts if Congress did not meet specified budgetary targets. It introduced a framework for fiscal discipline, establishing a path toward a balanced budget by setting annual deficit reduction goals. The Act was significant as it marked one of the first attempts to enforce budgetary constraints and accountability in U.S. federal spending.


What was the goal of the 1985 Gramm-Rodman-Hollings Act?

The 1985 Gramm-Rudman-Hollings Act aimed to reduce the federal budget deficit through a series of mandatory spending cuts. It established a framework for automatic cuts if Congress failed to meet specified deficit reduction targets. The intention was to promote fiscal discipline and curb the growing national debt by enforcing stricter budgetary controls. Ultimately, it was a significant attempt to address the fiscal challenges of the U.S. government in the 1980s.