THE BALANCED BUDGET AND EMERGENCY
DEFICIT CONTROL REAFFIRMATION ACT OF

1987

A LEGISLATIVE HISTORY

JIM SASSER, Chairman

COMMITTEE ON THE BUDGET

VOLUME 2

VOLUME 1—THE DEBATE AND LEGISLATIVE AND

RELATED DOCUMENTS

VOLUME 2 COMPENDIUM OF HEARINGS AND

COMMITTEE PRINTS

Printed for the use of the Committee on the Budget

JIM SASSER, Tennessee, Chairman
ERNEST F. HOLLINGS, South Carolina PETE V. DOMENICI, New Mexico
J. BENNETT JOHNSTON, Louisiana

CHARLES E. GRASSLEY, Iowa
DONALD W. RIEGLE, JR., Michigan

DON NICKLES, Oklahoma
J. JAMES EXON, Nebraska

PHIL GRAMM, Texas
FRANK R. LAUTENBERG, New Jersey CHRISTOPHER S. BOND, Missouri
PAUL SIMON, Illinois

TRENT LOTT, Mississippi
KENT CONRAD, North Dakota

HANK BROWN, Colorado
CHRISTOPHER J. DODD, Connecticut SLADE GORTON, Washington
PAUL S. SARBANES, Maryland

JUDD GREGG, New Hampshire
BARBARA BOXER, California
PATTY MURRAY, Washington

LARRY STEIN, Staff Director
WILLIAM G. DAUSTER, Chief Counsel
G. WILLIAM HOAGLAND, Minority Staff Director
AUSTIN SMYTHE, Minority Director of Budget Process