Cover: Notes on the Gramm-Rudman-Hollings Deficit Reduction Plan

Notes on the Gramm-Rudman-Hollings Deficit Reduction Plan

by Glenn A. Gotz

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The Department of Defense (DOD) may be significantly affected by the Gramm-Rudman-Hollings deficit reduction plan (GRH), formally called the Balanced Budget and Emergency Deficit Control Act of 1985, Public Law 99-177. Although the broad outlines of GRH are widely known, the details are not well understood, and there is still disagreement as to how it is to be implemented and whether it is constitutional in whole or in part. This Note describes and comments on aspects of GRH which have not received much attention in the press, but which may have important effects on the DOD budget and on spending incentives within the Department of Defense.

This report is part of the RAND Corporation Note series. The note was a product of the RAND Corporation from 1979 to 1993 that reported other outputs of sponsored research for general distribution.

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