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Title: Gramm-Rudman-Hollings and Department of Education programs
Date: 1986
Summary: This paper describes the application of the Balanced Budget and Emergency Deficit Control Act of 1985, P.L. 99-177, popularity called "Gramm-Rudman-Hollings," to programs administered by the Department of Education, particularly, it will focus on provisions establishing "emergency powers to eliminate deficits in excess of maximum deficit amounts." All of the programs within the Department's jurisdiction are subject to the automatic spending reduction provisions of this law. Two programs are subject to special treatment, the Guaranteed Student Loan and the Vocational Rehabilitation State grant program. The remaining programs are subject to a uniform percentage reduction, estimated to be 4.3 percent for FY 1986.

Title: The Dow Jones industrial average
Date: 1986
Summary: The Dow Jones Industrial Average is the oldest and most commonly known index of the day-to-day overall price performance of stocks traded on the New York Stock Exchange. This stock price index has undergone much change since its inception. This report examines the evolution of the stock index's components, and method of calculation. It also briefly addresses the issue of the index's usefulness.

Title: The Gramm-Rudman-Hollings amendment for budget deficit control: Editorial commentary
Date: 1985
Summary: This illustrative collection of editorials is taken from newspapers monitored by CRS. The sources look at the controversy surrounding the Gramm-Rudman-Hollings amendment to the debt limit increase for the purpose of reducing budget deficits and balancing the budget by 1991. An introductory section contains newspaper articles presenting press coverage on the issue. The articles and editorials are arranged chronologically, with the most recent dates appearing first. [Current Editorial CE79 on budget deficits is also available; it includes editorials on this topic received in Library Services since November 1, 1985.]

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