Fiscal policy
government policies which seek to influence the economy through tax and spending policies.
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government policies which seek to influence the economy through tax and spending policies.
a tactic in which a Senator holds the floor for a long time in order to delay or prevent a vote on an issue. Filibusters cannot occur in the House of Representatives, since speaking time is limited.
one of the agencies of the Department of the Treasury. The Financial Management Service acts as the central bookkeeper for the federal government, as well as its major financial reporting agency.
a tactic in which a Senator holds the floor for a long time in order to delay or prevent a vote on an issue. Filibusters cannot occur in the House of Representatives, since speaking time is limited.
a series of essays written by Alexander Hamilton, John Jay and James Madison to convince readers to ratify the Constitution in New York State. The essays were later used to promote the ratification of the Constitution in other states. The Federalist Papers stand as a primary on what the writers of the Constitution had in mind when they were creating the document.
system for national government in which some powers are delegated to either national or state government, and other powers are shared between the two levels. This system presented a compromise at the 1787 Constitutional Convention between delegates fighting for a strong central government and delegates concerned about states' rights.
consists of the nine justices of the US Supreme Court and hundreds of federal judges, all of whom are appointed by the President and approved by the Senate. Federal judges preside over constitutional courts, which include 94 district courts and 12 courts of appeal; and legislative courts, which consists of special courts like tax and military courts.
independent agency in the federal executive branch, established under the Federal Trade Commission Act and the Clayton Act of 1914. The FTC works to promote free and fair competition in the American economic system. It seeks to prevent monopolies or other restraints on trade; and to stop unfair or deceptive trade practices.
independent federal agency, established in 1933 in the aftermath of numerous bank failures after the Great Depression. The FDIC helps preserve public confidence in American banks and other financial institutions. It accomplishes this by providing insurance for bank and thrift deposits up to a legal limit of $100,000. In addition, the FDIC periodically examines banks chartered by the states which are not members of the Federal Reserve system, to make sure that they are sound and that they follow consumer protection laws.
consists of the nine justices of the US Supreme Court and hundreds of federal judges, all of whom are appointed by the President and approved by the Senate. Federal judges preside over constitutional courts, which include 94 district courts and 12 courts of appeal; and legislative courts, which consists of special courts like tax and military courts.
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