Under the original Gramm-Rudman-Hollings Act, a congressionally enacted budget deficit that was larger than the targeted amount would
A) result in automatic tax cuts.
B) result in automatic spending increases.
C) result in both automatic tax cuts and spending increases.
D) result in automatic spending cuts.

Question

Quizplus · Accepted Answer

Under the original Gramm-Rudman-Hollings Act, a congressionally enacted budget deficit that was larger than the targeted amount would result in automatic spending cuts.

Under the Original Gramm-Rudman-Hollings Act, a Congressionally Enacted Budget Deficit