The Roots of the Budget Deficit Battle | On This Day
December 6, 2024
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2:43Now PlayingThe Roots of the Budget Deficit Battle | On This Day
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as posted by the channelOn this day in 1985, President Ronald Reagan signed into law 'Gramm-Rudman-Hollings' which requires the government to balance its annual budget. This law is why today we have never ending government budget battles that have led to government shutdowns.
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