The deficit reduction schedule of the Gramm-Rudman-Hollings Act of 1985 was rendered irrelevant by:
A) the new presidential power of line-item veto
B) the Tax Reform Act of 1986
C) the collapse of Communism in the Soviet Union in 1991
D) the Deficit Reduction Act of 1990
Correct Answer:
Verified
Q28: A Constitutional amendment to balance the budget
Q29: The American Recovery and Reinvestment Act was
Q30: From 2002-2008 the federal government has routinely
Q31: The proposed "Balanced Budget Veto" would give
Q32: Placing primary emphasis upon the use of
Q34: Which of the following statements is true?
A)
Q35: Answer the next two questions based upon
Q36: Answer the next two questions based upon
Q37: Federal debt per capita is:
A) rising
B) falling
C)
Q38: If tax reductions produced a supply-side effect:
A)
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