ABSTRACT

The Gramm–Rudman–Hollings (GRH) Act was an attempt by legislators to reign in what they believed at the time to be a federal deficit that was out of control. However, the passing of the Act proved to be controversial on constitutional grounds. This entry describes what led to the passing of the GRH Act, the pros and cons of passing this legislation, and given its significance, the numerous attempts to revisit the seemingly intractable problem of the federal budget deficit.