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On domestic issues, in 1985, Kerry was one of the first congressional Democrats to support the Gramm-Rudman-Hollings balanced budget act, steering the Democratic Party toward fiscal responsibility that is lacking under George Bush. Attempts at direct deficit control during the Gramm-Rudman-Hollings period of the late 1980s were followed by the discretionary spending caps and " The balanced budget agreement created caps for this funding, setting levels that spending could not exceed without triggering the Gramm-Rudman-Hollings sequestration. |
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