Final answer:
The Balanced Budget and Emergency Deficit Control Act of 1985, also known as the Gramm-Rudman-Hollings Act, was implemented to reduce the federal budget deficit and enforce fiscal discipline.
Step-by-step explanation:
The Balanced Budget and Emergency Deficit Control Act of 1985, also known as the Gramm-Rudman-Hollings Act, was implemented to reduce the federal budget deficit. It introduced a mechanism to automatically reduce government spending if deficit targets were not met. The act aimed to enforce fiscal discipline and eventually achieve a balanced budget by limiting the growth of federal spending.