e/Gramm–Rudman–Hollings Balanced Budget Act

Information
has gloss	eng: The Gramm-Rudman-Hollings Balanced Budget and Emergency Deficit Control Act of 1985 (, title II, December 12, 1985, , ) and Budget and Emergency Deficit Control Reaffirmation Act of 1987 (, title I, Sept. 29, 1987, , ) (both often known as Gramm-Rudman) were, according to U.S. Senator Phil Gramm of Texas, "the first binding constraint imposed on federal spending, and its spending caps have become part of every subsequent U.S. budget. Together with a rapidly growing economy it produced the first balanced federal budget in a quarter of a century."
lexicalization	eng: Gramm Rudman Hollings Balanced Budget Act
lexicalization	eng: Gramm-Rudman-Hollings Balanced Budget Act
lexicalization	eng: Gramm–Rudman–Hollings Balanced Budget Act
instance of	c/Government finances in the United States