Balanced Budget and Emergency Deficit Control ActReaffirmation Act of 1987

Balanced Budget and Emergency Deficit Control

Reaffirmation Act of 1987 in the Federal Budget Process

Meaning of Balanced Budget and Emergency Deficit Control

Reaffirmation Act of 1987 in the congressional and executive budget processes (GAO source): Amended the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings) to extend the date for achieving the goal of a balanced budget until fiscal year 1993, revise sequestration procedures, and require the Director of the Office of Management and Budget (OMB) to determine whether a sequester is necessary. (See also Budget and Accounting Act of 1921; Budget Enforcement Act; Gramm-Rudman-Hollings; Sequestration.)

Resources

See Also

• Federal Appropriations
• Entries about the United States Budget Process in the Encyclopedia (including Balanced Budget and Emergency Deficit Control

  Reaffirmation Act of 1987)

• Public Debt

Further Reading

• Legislatures and the budget process: the myth of fiscal control

  (J Wehner, 2010)

• Reconcilable Differences?: Congress, the Budget Process, and the Deficit (JB Gilmour, 1990)
• Fiscal institutions and fiscal performance

  (JM Poterba, J von Hagen, 2008)