Word: grammes
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...special three-judge panel unanimously declared the budget-balancing Gramm-Rudman law unconstitutional yesterday, eliminating the first round of automatic budget cuts...
...Gramm-Rudman bill, passed in December 1985, could have forced Congress to implement budget cutting measures which would have struck 500,000 students from the Pell Grant system, which helps subsidize college educations, and disqualified 600,000 students from receiving federally guaranteed loans...
...question remains whether Congress iswilling to raise revenue in other ways or cut thebudget unprotected by Gramm-Rudman...
...March, Gramm-Rudman requires a 4 percent reduction in education funding and slightly less for government-sponsored research, of which Harvard receives about $100 million annually. But under Reagan's proposal for 1987, education-related programs would be slashed by more than 15 percent, or about $2.25 billion...
Despite what observers say is growing opposition in Congress to increasing cuts in education and research programs, perhaps the greatest hope of higher education officials and advocates of other domestic programs is that the three judges will declare Gramm-Rudman unconstitutional this afternoon...