The Budget Enforcement Act of 1990 _____
A) was a package of spending cuts and tax increases designed to reduce the budget deficit.
B) succeeded in balancing the budget cyclically.
C) succeeded in balancing the budget within two years.
D) identified defense and international programs as the only two areas of potential spending cuts.
E) gave the president the authority to make unilateral spending cuts to balance the budget.

Question

Quizplus · Accepted Answer

The Budget Enforcement Act of 1990 was a package of spending cuts and tax increases aimed at reducing the budget deficit. It established caps on discretionary spending and required pay-as-you-go rules for new mandatory spending and tax cuts. The act also created the Congressional Budget Office and the requirement for all legislation to include a cost estimate from the CBO. While it did not immediately balance the budget, it was seen as an important step in the right direction.