Free trade: Free trade, a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports). a
Deficit Reduction Act 2005 Law and Legal Definition. The Deficit Reduction Act of 2005 is a United States Act of Congress concerning the budget. It addresses deficit reductions ranging from education to housing and Medicare to Medicaid. It was signed into law by President Bush on February 8, 2006 after a closely divided Congress approved the legislation.
Deficit Reduction Act Importa nt Facts for State Policymakers. December 11, 2007. Third Party Liability in the Medicaid Program. The Deficit Reduction Act of 2005 (DRA) made a number of changes intended to strengthen Statesâ. ability to identify and collect mistaken Medicaid payments from liable third party payers.