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Coercive Deficiency
Coercive deficiency is a phrase that originated in study of the executive branch of the American federal government, where it described the process by which budget holders could allow themselves to run out of money prior to the end of a fiscal period, on the assumption that Congress would then feel morally obligated to supply the missing funding in order to prevent cessation of services or breach of contracts. The phrase was coined by American political economist and historian Lucius Wilmerding, Jr. in his 1943 book ''The Spending Power: A History of the Efforts of Congress to Control Expenditures''. The first attempt to control for coercive deficiency requests to Congress was the Anti-Deficiency Act of 1870, which prevented agencies from obligating more funds than had been appropriated by Congress. Historians have documented examples of coercive deficiencies at the U.S. Post Office The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or Pos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Branch
The Executive, also referred as the Executive branch or Executive power, is the term commonly used to describe that part of government which enforces the law, and has overall responsibility for the governance of a state. In political systems based on the separation of powers, such as the USA, government authority is distributed between several branches in order to prevent power being concentrated in the hands of a single person or group. To achieve this, each branch is subject to checks by the other two; in general, the role of the Legislature is to pass laws, which are then enforced by the Executive, and interpreted by the Judiciary. The Executive can be also be the source of certain types of law, such as a decree or executive order. In those that use fusion of powers, typically Parliamentary systems, the Executive forms the government and its members generally belong to the political party that controls the legislature or "Parliament". Since the Executive requires the su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Federal Government
The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States, a federal republic located primarily in North America, composed of 50 states, a city within a federal district (the city of Washington in the District of Columbia, where most of the federal government is based), five major self-governing territories and several island possessions. The federal government, sometimes simply referred to as Washington, is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the president and the federal courts, respectively. The powers and duties of these branches are further defined by acts of Congress, including the creation of executive departments and courts inferior to the Supreme Court. Naming The full name of the republic is "United States of America". No other name appears in the Constitution, and this i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Congress
The United States Congress is the legislature of the federal government of the United States. It is bicameral, composed of a lower body, the House of Representatives, and an upper body, the Senate. It meets in the U.S. Capitol in Washington, D.C. Senators and representatives are chosen through direct election, though vacancies in the Senate may be filled by a governor's appointment. Congress has 535 voting members: 100 senators and 435 representatives. The U.S. vice president The vice president of the United States (VPOTUS) is the second-highest officer in the executive branch of the U.S. federal government, after the president of the United States, and ranks first in the presidential line of succession. The vice pr ... has a vote in the Senate only when senators are evenly divided. The House of Representatives has six non-voting members. The sitting of a Congress is for a two-year term, at present, beginning every other January. Elections are held every even-n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lucius Wilmerding, Jr
Lucius ( el, Λούκιος ''Loukios''; ett, Luvcie) is a male given name derived from ''Lucius'' (abbreviated ''L.''), one of the small group of common Latin forenames (''praenomina'') found in the culture of ancient Rome. Lucius derives from Latin word ''Lux'' (gen. ''lucis''), meaning "light" (< ''*leuk-'' "brightness", Latin verb ''lucere'' "to shine"), and is a of the name Lucas. Another etymology proposed is a derivation from ''Lauchum'' (or ''Lauchme'') meaning " |
Anti-Deficiency Act Of 1870
The Antideficiency Act (ADA) () is legislation enacted by the United States Congress to prevent the incurring of obligations or the making of expenditures (outlays) in excess of amounts available in appropriations or funds. The law was initially enacted in 1884, with major amendments occurring in 1950 () and 1982 (). It is now codified primarily at . The Act is also known as Section 3679 of the Revised Statutes, as amended. The ADA prohibits the U.S. federal government from entering into a contract that is not "fully funded" because doing so would obligate the government in the absence of an appropriation adequate to the needs of the contract. Accordingly, it is often cited during U.S. government shutdowns as a reason for the closure of certain departments or facilities. Provisions The Antideficiency Act has evolved over time in response to various abuses. The earliest version of the legislation was enacted in 1870 (), after the Civil War, to end the executive branch's long histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Postal Service
The United States Postal Service (USPS), also known as the Post Office, U.S. Mail, or Postal Service, is an Independent agencies of the United States government, independent agency of the executive branch of the Federal government of the United States, United States federal government responsible for providing mail, postal service in the U.S., including its insular areas and Compact of Free Association, associated states. It is one of the few government agencies Postal Clause, explicitly authorized by the U.S. Constitution. The USPS, as of 2021, has 516,636 career employees and 136,531 non-career employees. The USPS traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first United States Postmaster General, postmaster general; he also served a similar position for the colonies of the Kingdom of Great Britain. The United States Post Office Department, Post Office Department was created in 1792 with the passage of the Postal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Defense
The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national security and the United States Armed Forces. The DoD is the largest employer in the world, with over 1.34 million active-duty service members (soldiers, marines, sailors, airmen, and guardians) as of June 2022. The DoD also maintains over 778,000 National Guard and reservists, and over 747,000 civilians bringing the total to over 2.87 million employees. Headquartered at the Pentagon in Arlington, Virginia, just outside Washington, D.C., the DoD's stated mission is to provide "the military forces needed to deter war and ensure our nation's security". The Department of Defense is headed by the secretary of defense, a cabinet-level head who reports directly to the president of the United States. Beneath the Department of Defense are t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
