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Tax Trivia Giveaway #4: Sequestration Edition

ByKelly Phillips Erb

(Updated: We have our winner! See the comments below.)

Our next tax trivia question is:

The term “budget sequestration” was first used to describe a section of the Gramm-Rudman-Hollings Deficit Reduction Act of 1985 (GRHDRA). The GRHDRA was named after three Senators who sponsored the bill. What three states did the Senators represent?

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Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains taxes, IRS news, financial crime, scams, and the law in plain English.