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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.

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βˆ™ 10y ago
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βˆ™ 12y ago

automatic spending cuts when the deficit reached a certain amount

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Q: What did the Gramm-Rudman-Hollings Act require?
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