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TeachMeFinance.com - explain Gramm-Rudman-Hollings Act Gramm-Rudman-Hollings Act The term 'Gramm-Rudman-Hollings Act ' as it applies to the area of Medicare in the United States can be defined as ' The Balanced Budget and Emergency Deficit Control Act of 1985'. Previous 5 Terms: Grain reserve grallatory gramineous graminology grammatology Next 5 Terms: Grand rounds Grandfathering Grange Granger-Thye Act of 1950 Granite About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.