Dolgen tried to cap the amount of backend profits given to talent, for example, and limit budgets to less than $100 million.
Mr. Gramm wants the budget to contain less spending and more tax cuts.
After Republicans gained control of Congress in 1995, they cut the budget to slightly less than $100 million.
The overall institution's annual budget amounts to less than $4 million.
He vowed to reduce state spending by 10percentt and to bring the budget deficit to less than 3percentt of gross domestic product in 2013.
In many of the African nations most ravaged by AIDS, the annual health budget comes to less than $10 per capita.
The union's fiscal restraints are set out in its Stability and Growth Pact, which requires its 12 members to keep budget deficits to less than 3percentt of total output.
But there is no virtue in cutting the budget deficit to less than 3% of GDP, as the Maastricht plan requires, at a time when unemployment is 13% of the labour force, as it is in France.
The Government has been sticking to a policy of fiscal austerity, partly because of a law passed in November that commits it to reduce the budget deficit to less than 3percentt of the gross domestic product by the year 2003.
