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Topic: Gramm Latta Budget


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In the News (Fri 19 Mar 10)

  
  Gramm 1996 republican Presidential Hopeful cello Pinback (PGRAMM96)
Gramm was involved with the owners of at least three Texas S&Ls that later failed at a cost to taxpayers estimated at $160 million, and had previously contacted federal regulators on behalf of Stiles and his savings and loan.
Gramm was re-elected in 1990 with the highest vote percentage of any Senate candidate in a Texas general election in over three decades.
Gramm was chairman of the National Republican Senatorial Committee during the return of a Republican majority in the Senate in 1994.
www.catgen.com /bandl/EN/100011674.html   (1103 words)

  
 Richard Nadler on Phil Gramm's retirement on National Review Online
In subsequent years, Gramm settled into his role as a senior statesman, working with quiet effectiveness to deregulate financial institutions, increase the efficiency of markets, and balance the conflicting interests of employers and taxpayers on the delicate subject of immigration.
Gramm believed that the destructive incursion of government into the realm of markets was unassailable as long as deficits concealed the true cost of government programs.
He believed that a balanced budget rule, enforced by a sequester, would erode his colleagues' incentive to spend expand government in one of two ways: by training them to fiscal restraint, or by assuring their defeat if they raised taxes.
www.nationalreview.com /comment/comment-nadler090501.shtml   (1242 words)

  
 Office of Public Affairs at Yale - News Release
Gramm first won election to Congress as a Democrat in 1978, and was re-elected in 1980 and 1982.
Gramm is now in his third term in the Senate, where he is active in efforts to put the funding for Medicare on a firmer basis and to win approval for the balanced budget amendment to the Constitution.
Gramm was chosen twice by his colleagues to serve as chair of the National Republican Senatorial Committee.
www.yale.edu /opa/newsr/98-02-11-04.all.html   (471 words)

  
 OpinioNet Contributed Commentary
Rumors are afloat that Gramm, who lost the chairmanship of the Senate Banking Committee when Democrats took control of the upper chamber earlier this year, will not run for reelection in 2002 now that the presidency of Texas A&M, where he once taught economics, is vacant.
Gramm shares Helms’ unflagging commitment to conservative principle and willingness to oppose bad legislation even when alone- and more importantly, they share an effectiveness in working on behalf of their goals that often eludes ideologues.
While Gramm is more reticent on social and cultural issues than Helms, he also lacks the North Carolinian’s troubling racial baggage from the civil rights struggles of the 1960s.
www.conservativetruth.org /opinionet/archives2/ccwa/ccwa66.htm   (827 words)

  
 Lost and found (5/9/01)
That is what happened last week when two pages from the fiscal 2002 budget resolution conference report somehow got lost on the bill's way to the House floor and the numbers in the bill supposedly did not work.
The leadership's fear is that support for the budget deal, which was relatively weak to begin with, is likely to diminish as the spending and tax specifics are considered.
In fact, support for some of the general provisions in the budget resolution conference report were already under attack on a number of fronts last week.
www.govexec.com /dailyfed/0501/050901bb.htm   (1092 words)

  
 Sen. Phil Gramm says goodbye Human Events - Find Articles
As Gramm's comments over the Hay-Adams breakfast table made obvious to me, he was much too conservative to prosper in the mid-1970s as a statewide Democratic candidate in Texas.
After getting drubbed by Bentsen, however, Gramm came back two years later to be elected to Congress as a Democrat from a predominantly rural Texas district and was named to the House Budget Committee to represent what then was the still substantial Southern conservative Democratic fraction.
Gramm made clear to me even in those early days that his election to the Senate in 1984 was viewed by him as only a way station en route to the Oval Office.
www.findarticles.com /p/articles/mi_qa3827/is_200212/ai_n9162200   (922 words)

  
 [No title]
But then it was all going to be broken up and delivered to all the various congressional committees for them to look at each program and see whether they came back with the proper figure and what they wanted to do with it.
Gramm what to do, but I want to assure him this: There are millions of Democrats, Republicans, and Independents who support what he does.
Like the budget reforms that we seek, the tax package that will help stimulate the economy by providing capital investment to modernize and expand our industrial machine, individuals, even with husband and wife both working, have no surplus to put in savings accounts or insurance.
www.reagan.utexas.edu /archives/speeches/1981/62581b.htm   (4076 words)

  
 stockmn2.html
The package of budget cuts would be swiftly picked apart if members of Congress perceived that they could save their pet programs, one by one, from the general reductions.
The budget politics of 1981, which produced such clear and dramatic rhetoric from both sides, was, in fact, based upon a bewildering set of numbers that confused even those, like Stockman, who produced them.
Latta thought that since he was a Republican, his name should go ahead of that of Phil Gramm, a Democrat, on the budget resolution: that it should be Latta-Gramm instead of Gramm-Latta.
www.csulb.edu /~astevens/posc429/files/stockmn2.htm   (3442 words)

  
 BW Online | September 5, 2001 | Why Phil Gramm Was Different -- and Better
One of the last Cold Warriors, Gramm used to warn rural Texans that "Ivan" was on the doorstep and that we needed to defend ourselves with military aircraft made in Texas.
Gramm had assembled a top-flight team for the 1996 campaign, but his strategy was dashed when Bob Dole, then the Senate Majority Leader, decided to make a kamikaze run at Bill Clinton.
In Gramm's deep Georgia drawl (yes, he was a Georgian by birth but a Texan by choice), he would talk about the impact of policy decisions on "my momma." Yes, it was hokey.
www.businessweek.com /bwdaily/dnflash/sep2001/nf2001095_262.htm   (1273 words)

  
 CNN.com - Transcripts
Gramm was asked a few month ago if he would run for reelection, he said, yes, he said, count me in.
With Del Latta in 1981, I wrote the first Reagan budget -- the Gramm-Latta budget that rebuilt national defense and that laid the foundation for a program of peace through strength; the Reagan program that tore down the Berlin Wall, that liberated Eastern Europe, that transformed the Soviet Union and that changed the world.
Bill, we normally see this tough Texan talking on and on about the budget, and today to see the emotional side of Phil Gramm, to hear how much he loved his work and how much he will miss it, it was rather touching.
edition.cnn.com /TRANSCRIPTS/0109/04/bn.11.html   (3087 words)

  
 News Release, News and Events, Claremont McKenna College
Senator Gramm’s lecture is sponsored by The Pacesetters Fellowship, a program sponsored by CMC alumni from the classes of 1948, 1949, and 1950, to bring leaders in business, academia, and public affairs to Claremont McKenna for interaction with students.
Gramm, who won the House election as a Democrat and later joined the Republican party, is expected to deliver a behind-the-scenes look into what drives or stalls the economy––with particular insight into the impact of current events and politics.
Since retiring from the Senate, Gramm, who holds a Ph.D. in economics and is a former economics professor at Texas AandM, has become a vice chairman and an investment banker for UBS Investment Bank, one of the largest financial services firms in the world.
www.mckenna.edu /news/pressreleases/article.asp?article_id=367   (306 words)

  
 Prentice Hall Documents Library: Balanced Budget Constitutional Amendment (1995)
While a balanced budget amendment to the Constitution may be the only way to keep us on the path toward responsible budgeting, we have taken a few steps down that path already, without the risk of upsetting 200 years of finely balanced constitutional powers among the three branches of our Government.
It is irresponsible for balanced budget amendment critics to demand in a single legislative vehicle a specific balanced budget plan covering the next 7 years as a precondition for passing the amendment.
We must balance the budget not just to insert into the Constitution, as valuable as that is, the language of balanced budget, but rather to do so for the spirit of America in reaching financial sanity through the balanced budget that will free us all, including our citizens, for the enterprise of the future.
cwx.prenhall.com /bookbind/pubbooks/dye4/medialib/docs/balanced.htm   (21491 words)

  
 stockmn3.html
It's one of satisfying the here-and-now of budget requirements." In the initial flurry of reaction, the Senate passed a unanimous resolution opposing the OMB version of how to reform Social Security, and across the nation, the elderly were alarmed enough to begin writing and calling their representatives in Congress.
In private, the budget director claimed that these new spending figures that Republicans had agreed upon for the various federal programs were not final but merely authorization ceilings, which could be reduced later on, when the appropriation bills for departments and agencies worked their way through the legislative process.
The budget cuts Stockman prepared in September did, indeed, scrap many of the agreements he negotiated in June when he was collecting enough votes to pass the President's reconciliation bill.
www.csulb.edu /~astevens/posc429/files/stockmn3.htm   (6546 words)

  
 Ronald Reagan: Remarks at the Annual Convention of the United States Jaycees in San Antonio, Texas
Gramm what to do, but I want to assure him this: There are millions of Democrats, Republicans, and Independents who are wholeheartedly in support of what he's doing.
That tax is now 13.3 percent on the first $29,700 of earnings, and the law already adopted calls for it to go to 15.3 percent of $66,900 of earnings.
Like the budget reforms, we seek a tax package that will help stimulate the economy by providing capital for investment to modernize and expand our industrial machine.
www.presidency.ucsb.edu /ws/index.php?pid=43998   (3885 words)

  
 Yale Bulletin & Calendar - News Stories   (Site not responding. Last check: 2007-09-10)
Senator Phil Gramm first won election to Congress as a Democrat in 1978, and was re-elected in 1980 and 1982.
In 1983, when the Democratic leadership removed him from the House Budget Committee after he coauthored the Reagan economic program, he resigned and went back to Texas to run as a Republican.
From 1985 until Congress repealed it in 1990, Gramm-Rudman cut the deficit by 40 percent and reduced the size of government relative to the size of the economy by 10 percent.
www.yale.edu /opa/ybc/v26.n21.news.03.html   (588 words)

  
 TRIBUTE TO DEPARTING SENATORS   (Site not responding. Last check: 2007-09-10)
Senator Gramm is one of those people who makes a significant contribution in this Chamber because he is determined to make that contribution and he knows the rules, he is shrewd, and he is tough.
We also have heard often of Senator Gramm's ``momma.'' It is for her and the other senior citizens of our country that Senator Gramm has worked hard to strengthen and modernize the Medicare and Social Security programs.
Very simply, Senator Gramm is a straight shooter, a man who has a strong grasp of the issues, and who never fails to speak his mind.
www.washingtonwatchdog.org /documents/cr/02/no/18/cr18no02-13.html   (8122 words)

  
 Online NewsHour: Budget Surplus-- Historical Context--March 9, 1999
The Balanced Budget Agreement was designed to end nearly 30 years of deficit spending, a streak that began quietly during Richard Nixon's second year in office.
And the risk I think we're running now is if we make the surplus and a balanced budget an end in itself and we don't invest in our people once more, in the infrastructure, in education, then the economy is not going to grow in the long run.
Both parties are for balanced budgets, and I think one problem is that when you don't have one party making the argument that, yes, in certain times there should be big federal spending, I think our politics is going to be impoverished for it.
www.pbs.org /newshour/bb/budget/jan-june99/budget_3-9.html   (2987 words)

  
 ACU Ratings Archive   (Site not responding. Last check: 2007-09-10)
Adoption of the budget targets set by the Administration, as opposed to the Ways and Means (Democratic) budget proposal.
In a time when the domestic budget is being severely curtailed, it seems to make sense to hold the line on questionable foreign aid programs.
The bill was over the Budget resolution by $700 million for outlays in FY 82.
www.acuratings.org /ratingsarchive/1981/desc_hse.html   (310 words)

  
 David Stockman - Wikipedia, the free encyclopedia
David Alan Stockman (born November 10, 1946) was a U.S. politician and businessman, serving as U.S. Representative from the state of Michigan 1977-1981 and as the Director of the Office of Management and Budget 1981-1985.
Stockman was born in Fort Hood, Texas and educated in the public schools of St.
Stockman was elected to the United States House of Representatives for the Ninety-fifth Congress and was reelected to the Ninety-sixth and Ninety-seventh Congresses, serving from January 3, 1977, until his resignation January 27, 1981 to accept appointment as Director of the Office of Management and Budget under U.S. President Ronald Reagan.
en.wikipedia.org /wiki/David_Stockman   (851 words)

  
 Freedom and Virtue
Tonight, May 1995, Phil Gramm speaks to The Heritage Foundation President's Club and, again, we have another all-time attendance record; there are 600 members and guests.
In 1980, Ronald Reagan was elected President, and in 1981, Phil Gramm, a Democratic Representative from Texas, was one of the key movers of the Reagan Economic Program.
In the Senate, his Gramm-Rudman Balanced Budget Bill was the only real deficit reduc- tion bill that we've seen in the last twenty years.
www.heritage.org /Research/PoliticalPhilosophy/HL523.cfm   (4728 words)

  
 On the Record
As he retold this tale over the years, Gramm stopped describing these countries as "poor and hungry." He stopped lamenting their unsated "needs" and started deriding their insatiable "wants." Announcing his presidential bid this year, he scoffed that "everybody's looked at this cake, and they wanted a piece of it.
THE DEFICIT: to prove he'll shrink the deficit, Gramm cites his twin legacies, the 1981 Gramm-Latta budget cuts and the 1985 Gramm-Rudman deficit-reduction amendment.
Gramm derided rival plans that promised to cut the budget without specifying where.
www.motherjones.com /news/featurex/1995/07/saletan3.html   (993 words)

  
 Gramm-Latta Budget
The Gramm-Latta Budget 1981 and the Gramm-Latta Omnibus Reconciliation Bill of 1981 implemented President Ronald Reagan's economic program.
This included an increase in military spending and some minor cuts in discretionary and entitlement spending.
The law also mandated the 1981 Kemp-Roth Tax Cut.
www.ebroadcast.com.au /lookup/encyclopedia/gr/Gramm-Latta_Budget.html   (43 words)

  
 Hometown Buzz
Governor Perry created a section of his budget for border-specific initiatives, such as a telemedicine project that will provide border residents access to health care specialists living outside their community.
In that role, he helped pass a balanced state budget that included record tax cuts, a historic school funding increase and a $3,000 pay raise for teachers in 1999.
In 1990, she was elected Texas State Treasurer, where she trimmed her agency's budget more than any other state official while increasing returns on Texas' investments to an historic $1 billion annually.
www.geocities.com /hometownbuzz/elected_officials.htm   (3038 words)

  
 The Economic Club of Memphis   (Site not responding. Last check: 2007-09-10)
Senator Gramm is serving his third term in the Senate.
Those budgets launched an economic recovery that created 21 million new jobs and reinforced a policy of peace through strength that tore down the Berlin Wall and dissolved the Soviet Union.
Phil Gramm led the fight to stop the Clinton Health Care Bill, authored key reforms of our welfare system and started the effort to gain control of our borders by doubling the strength of the Border Patrol.
econclubmemphis.org /speakers/PhilGrammBio.html   (395 words)

  
 Papers Of Sen. Phil Gramm Come To Texas A&M   (Site not responding. Last check: 2007-09-10)
Given the magnitude of his contributions to the state and the nation, his papers are a major resource for researchers in a wide range of subjects including banking, public policy, and contemporary politics," stated Fred M. Heath, dean of the University Libraries.
     Sen. Gramm, who Heath said worked tirelessly to secure funding for numerous projects associated with The Texas A&M University System, was first appointed an assistant professor of economics at Texas A&M in 1967 and was granted tenure and promoted to associate professor in 1970.
     In the wake of Sen. Gramm's announcement that he was retiring from elected public service, The Texas A&M University System Board of Regents formally recognized his decades of service and long association with Texas A&M with adoption of a resolution expressing appreciation on behalf of the entire institution.
www.tamu.edu /univrel/aggiedaily/news/stories/03/013003-9.html   (485 words)

  
 TIME.com: Reagan's Big Win -- May 18, 1981 -- Page 3
The Senate is expected to pass a similar Reagan budget this week with even greater ease.
After the two budgets have been passed, minor differences between the resolutions will have to be resolved in a conference committee.
And then, unless the whole budget process later goes off its planned track, a radical reversal of federal economic policy will be enacted into law.
www.time.com /time/magazine/article/0,9171,951658-3,00.html   (586 words)

  
 Lawlessness and Disorder | TPMCafe
Last night's House Republican maneuvers on budget and defense appropriations measures exhibit the same mentality, especially in the strategem that made it possible: a rules change that basically abolished all the rules.
This is, of course, an old tradition for congressional Republicans, dating back to the mother of all unread bills, the 1981 Gramm-Latta II budget reconciliation substitute motion, which basically packed a year's worth of legislation into a multi-thousand-page "amendment" that was drafted in secret and hastily sent to the floor.
I don't remember what they called their 1982 budget bill, but 1981 was definitely the year of Gramm and Latta.
www.tpmcafe.com /story/2005/12/19/222435/79   (2560 words)

  
 FAREWELL TO SENATOR ROBERT SMITH   (Site not responding. Last check: 2007-09-10)
That was Senator Gramm, a Democrat, working with Congressman Latta, a Republican, to basically pass President Reagan's economic budget, a phenomenal accomplishment; it laid the guidelines for reducing and changing taxes.
Serving on the Budget Committee is a thankless task, but he has been a leader within the Budget Committee.
Phil Gramm has stood in the breach and, in the same vein as his beloved Texans at Normandy, he has carried the battle to the enemies of freedom.
www.washingtonwatchdog.org /rtk/documents/cr/02/no/18/cr18no02-29.html   (16036 words)

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