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Topic: Gramm-Latta Budget

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Search Encyclopedia.com Budget estimates are based on the expenditures and receipts of a similar previous period, modified by any expected changes. budget budget, inclusive list of proposed expenditures and expected receipts of any person, enterprise, or government for a specified period, usually one year. budget -> The U.S. Budget In the United States, the president was not required to submit an annual federal budget estimate until the passage (1921) of the Budget and Accounting Act. www.encyclopedia.com /searchpool.asp?target=Gramm-Latta+Budget   (550 words)

National Journal Magazine Archive Indeed, Gramm over the years has had several significant legislative achievements, including the 1986 Gramm-Rudman law that sought to impose fiscal discipline on Congress, and the 1981 Gramm-Latta budget resolution, the vehicle for moving Ronald Reagan's budget cuts through the Democratic-controlled House. Gramm, meanwhile, was so determined to fashion legislation to his liking that he would think nothing of calling lobbyists at home, day or night, to go over the details of the measure. Gramm still regards the 1981 measure as his "biggest" legislative accomplishment, though he said that winning this new banking bill is "big," too. lobby.la.psu.edu /018_Personal_Medical_Privacy/News_Stories/National_Journal_103099_2.htm   (3554 words)

AllPolitics - Phil Gramm Profile Gramm was also investigated, and later absolved, by the Senate Select Committee on Ethics over a land deal in the mid-1980s in which the owner of a soon-to-fail Texas S&L undercharged him for work on Gramm's vacation house in Maryland. The core of Gramm's appeal in Texas, where he has averaged 62% of the vote in seven general elections for the U.S. House of Representatives and Senate, is a potent form of middle-class populism. Gramm started flirting with her during the interview, while his alarmed colleagues cautioned him to back off. edition.cnn.com /ALLPOLITICS/1996/candidates/republican/withdrawn/gramm.profile.shtml   (1263 words)

Gramm to present 111th Landon Lecture today The Gramm-Latta Budget reduced federal spending while strengthening national defense and reducing taxes in 1981. He co-wrote the Gramm-Latta Budget, the Gramm-Latta Reconciliation Act and the Gramm-Rudman balanced budget bill. The Gramm-Rudman budget cut the deficit by as much as 40 percent and reduced the size of government by 10 percent between 1985 and 1990. www.kstatecollegian.com /issues/v102/fa/n039/news/cam-grammprecede-kreps.html   (409 words)

Richard Nadler on Phil Gramm's retirement on National Review Online As a second-term Democrat congressman on the House Budget Committee, Gramm coauthored and cosponsored the original "Gramm-Latta" Reagan budget. 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. 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. www.nationalreview.com /comment/comment-nadler090501.shtml   (1242 words)

budget The budget of a country is a summary or plan of the intended expenditures of that country. As an adjective, budget means that something is low-priced so that people who are spending their money carefully, being on a tight budget, can buy the item instead of a more expensive form of the item. Budget items, aside from being of less luxurious quality, are often reduced in packaging (or in design features that display social prestige rather than utilitarian function) in order to cut costs. www.fact-library.com /budget.html   (222 words)

The Cornell Review: Triumvirate Senator Gramm worked vigorously for what became known as the Gramm-Latta Budget of 1981, while he was still a Democrat in the House, which reduced federal spending, increased military spending, and instituted the Reagan tax cuts. Gramm's introduced the Gramm-Rudman Act of 1985, another piece of memorable legislation which put binding constraints on federal spending that were enacted to reduce the deficit and led to the first balanced budget in thirty years. Gramm would run for his first term in the Senate in 1984 and is currently serving his third term. www.cornellreview.org /viewart.cgi?num=90   (1066 words)

On the Record 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. TAXES: In his early days, Gramm implored politicians to "resist the election-year pressure to cut taxes" until the budget had been balanced. www.motherjones.com /mother_jones/JA95/saletan3.html   (804 words)

Human Events: Sen. Phil Gramm says goodbye In 1981, he collaborated secretly with the new Reagan White House on what became the Gramm-- Latta budget bill and led some 40 fellow "Redneck Caucus" members into supporting it. 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. That tore it for House Speaker Thomas P. (Tip) O'Neill (D.Mass.), who kicked Gramm off the Budget Committee. newssearch.looksmart.com /p/articles/mi_qa3827/is_200212/ai_n9162200   (1575 words)

Phil Gramm Gramm's legislative record includes such bills as the Gramm-Latta Budgets and the Gramm-Rudman Act. Gramm was involved with the owners of at least three Texas SandLs 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 chairman of the National Republican Senatorial Committee during the return of a Republican majority in the Senate in 1994. www.famoustexans.com /philgramm.htm   (1446 words)

Online Encyclopedia and Dictionary - Great Society It was later partially overturned by President Ronald Reagan's first budget. It was heavily critized by conservatives like Charles Murray who criticized it in his 1984 book Losing Ground as being ineffective and creating an underclass of lazy citizens. fact-archive.com /encyclopedia/Great_Society   (140 words)

BW Online September 5, 2001 Why Phil Gramm Was Different -- and Better His name is attached to the 1980s' landmark legislation -- from the Gramm-Latta budget cuts to the Gramm-Rudman-Hollings balanced-budget plan. 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. 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. www.businessweek.com /bwdaily/dnflash/sep2001/nf2001095_262.htm   (1293 words)

Gramm-Latta Budget - Wikipedia, the free encyclopedia 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. www.wikipedia.org /wiki/Gramm-Latta_Budget   (69 words)

Prentice Hall Documents Library: Balanced Budget Constitutional Amendment (1995) 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. 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. 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/burns3/medialib/docs/balanced.htm   (21491 words)

The legislative genius of Reagan - The Washington Times: Editorials/OP-ED - June 10, 2004 After passing the general budget framework on May 7, with a strong bipartisan vote (63 Democrats voted for the so-called Gramm-Latta substitute budget), Congress was headed for a showdown with the president. The 1981 spring budget offensive was one of Mr. According to Don Wolfensberger, who worked for then-House Minority Whip Trent Lott, the budget directed 14 Senate and 15 House committees to report back the $36 billion in spending cuts in a new piece of legislation for a second vote (a so-called budget reconciliation bill implementing the savings with specific changes in law). www.washtimes.com /op-ed/20040609-084137-1010r.htm   (804 words)

National Review: Gramm gets going.(Phil Gramm) @ HighBeam Research When, after the 1982 election, the Democrats booted Gramm from the Budget Committee, it seemed he had indeed paid a near-fatal price for crossing the line. By 1990, sticking to Gramm - Rudman would have meant a dread "sequester," an across-the-board spending cut, to deal with a $200-billion budget deficit. Gramm's candidacy is at bottom about freedom, a faith in the ability of Americans to create wealth and order their own lives without the direction of government. www.highbeam.com /library/doc0.asp?DOCID=1G1:17443650&refid=holomed_1   (2866 words)

www.GovExec.com - Lost and found (5/9/01) 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. 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. Had the vote in the House on the fiscal 2002 budget resolution conference report not been delayed until this week, you would have all been able to watch the debate in the Senate to figure out the answer to last week's question before the deadline. www.govexec.com /dailyfed/0501/050901bb.htm   (1092 words)

stockmn3.html 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. 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. 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)

Office of Public Affairs at Yale - News Release Three pieces of landmark economic legislation bear his name: the Gramm-Latta Budget, the Gramm-Latta Reconciliation Act and the Gramm-Rudman balanced budget bill. 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. The Gramm-Latta bills reduced federal spending, strengthened national defense, mandated the 1981 tax cut and implemented President Reagan's economic program. www.yale.edu /opa/newsr/98-02-11-04.all.html   (471 words)

ESR September 2001 Farmers for economic freedom 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. GRAMM: Well, first of all, had I known, when we wrote the Bush tax cut, that the economy was as weak as it is turned out to be, I would've want to cut taxes more not less. GRAMM: Well, you know, I'm not ever going to say "never." You know, if Coca-Cola called me up today and offered me $50 million to put the fizz back in Coke stock, I might be tempted. www.enterstageright.com /archive/articles/0901/091001grammspeech.htm   (3082 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 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. 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. www.geocities.com /hometownbuzz/elected_officials.htm   (3038 words)

TIME Magazine Archive Article -- Tip O' Neill on the Ropes -- May. 18, 1981 Despite a moving personal plea by O'Neill from the well of the House last week, 63 members of his party bolted ranks to vote for the Reagan-approved Gramm-Latta budget resolution. So devoted was O'Neill to his own plan that he impulsively predicted a week before the budget vote that the fight was already lost. "Wait till Middle America realizes what's happened with these budget cuts," he said. time-proxy.yaga.com /time/archive/printout/0,23657,951660,00.html   (1150 words)

Great Society The overturning was by and large the work of David Stockman, who in the Omnibus Budget and Reconciliation Act (OBRA) of 1981 cut funding for many welfare programs. The Great Society was later partially overturned by President Ronald Reagan's first budget. www.1bx.com /en/Great_Society.htm   (285 words)

Papers Of Sen. Phil Gramm Come To Texas A&M      The Gramm legislative record includes such landmark bills as the Gramm-Latta Budget of 1981 that reduced federal spending, rebuilt national defense, and mandated the Reagan tax cut.      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)

DAY 32 -- Countdown to Tax Cuts -- Today's Pro Tax Cut Spotlight: SEN PHIL GRAMM, R-TX [Free Republic] Senator Phil Gramm, Senior Conservative Senator from the State of Texas, holds a Ph.D. in economics and is one of the key Conservatives voices in the Senate serving on the Senate Finance Committee, Budget Committee, and as Chairman of the Banking Committee. 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. Contact Senator Phil Gramm to tell him you appreciate the job he is doing to get this Bush Tax Cut Relief Bill passed to get the money back in the hands of the American taxpayers. www.freerepublic.com /forum/a3ac6197801d9.htm   (2120 words)

Simulation Role Profiles: Phil Gramm the Gramm-Latta Budget, the Gramm-Latta Reconciliation Act and Phil Gramm is in the Banking, Housing and Urban Affairs, Budget, and As a senator, Phil Gramm is responsible for many of the foreign policy www.la.utexas.edu /chenry/usme/sp99/roles/0056.html   (444 words)

Introduced Bill HR 2356 (Christopher Reeve Homepage) This is the same United States Congress that kept us here until 4 in the morning to vote on a $1.3 trillion budget, in the wee hours of the morning; the same United States Congress that kept us here until 7 in the morning to vote on a budget. It is a repeat of a rule that the then Democratic leadership fashioned in 1981 during the debate on the first Reagan budget. I am reminded of the telling of such an act some years ago when we were in the majority and we decided to play politics with a budget bill. www.chrisreevehomepage.com /sp-introduced-bill2356.html   (14435 words)

gramm latta budget - OneLook Dictionary Search Tip: Click on the first link on a line below to go directly to a page where "gramm latta budget" is defined. We found one dictionary with English definitions that includes the word gramm latta budget: public.onelook.com /?w=gramm+latta+budget   (73 words)

HUMAN EVENTS ONLINE: The National Conservative Weekly Since 1944 Insured defeat of Balanced Budget Amendment by one vote in the Senate. After previously supporting such an amendment, he now argued that he only favored an alternative amendment that excluded Social Security. www.humaneventsonline.com /article.php?print=yes&id=5519   (958 words)

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