Word: gramm-rudman
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Experts said the elimination of Gramm-Rudman's automatic budget cuts will complicate and extend Congressional debate over the budget this year by forcing Congress to make political decisions about their spending priorities. Harvard officials, who lobbied against Gramm-Rudman since a bill was introduced in Congress this fall, celebrated the ruling as beneficial for higher education...
Some experts said that the absence of the Gramm-Rudman act will improve the quality of Congress' budget-making process. Without the protection of Gramm-Rudman's automatic provision, "there's no place to hide from hard budget decisions," said John Shattuck, Harvard vice president for government and community affairs...
Harvard had argued that cuts to meet Gramm-Rudman goals would disproportionately target federal funding for university research and student financial aid. Funding for higher education, unlike some other domestic spending, is not specifically protected against sharp cuts under Gramm-Rudman, and experts argued that such funds do not carry the political clout to be spared of the congressional...
...economist said the court's removal of Gramm-Rudman's mandates will not improve the process of agreeing on a budget. Congress and the Administration will probably return to a stalemate about where and how to reduce the deficit, said Benjamin M. Friedman, Harvard professor of economics...
...advantage of Gramm-Rudman is that it madeclear what would happen if the administrationfailed to go along with Congress. Theformula-based cuts that would take over were notnecessarily favorable to the administration," hesaid...