Glossary of Legislative Terms: “Closed Rule”

See Closed Rule / Modified Closed Rule / Special Rule / Open Rule (CongressionalGlossary.com)     Courses Congressional Operations Briefing – Capitol Hill Workshop Drafting Federal Legislation and Amendments Writing for Government and Business: Critical Thinking and Writing Custom, On-Site Training Drafting Effective Federal Legislation and Amendments in a Nutshell, Audio Course on CD “Congress, … Read more

The Constitution of the United States, Article. I. Section. 10. Powers Prohibited of States

The United States Constitution Article. I. (The Legislative Branch) Section. 10. (Powers Prohibited of States) No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of … Read more

Glossary of Legislative Terms: “Papers”

Papers: Documents passed back and forth between the chambers, including the engrossed measure, the amendments, the messages transmitting them, and the conference report. This definition is from the Glossary in our Congressional Deskbook. Perfect reference tool of Congressional jargon and procedural terms. Congressional Deskbook: The Practical and Comprehensive Guide to Congress, by Michael Koempel and … Read more

The Constitution of the United States, Article. I. Section. 8. Powers of Congress

The United States Constitution Article. I. (The Legislative Branch) Section. 8. (Powers of Congress) (Clause 1 – Power to tax and spend) The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all … Read more

Glossary of Legislative Terms: “Reconsider”

Reconsider: Parliamentary practice that gives a chamber one opportunity to review its action on a motion, amendment, meausre, or any other proposition. This definition is from the Glossary in our Congressional Deskbook. Perfect reference tool of Congressional jargon and procedural terms. Congressional Deskbook: The Practical and Comprehensive Guide to Congress, by Michael Koempel and Judy … Read more

The Constitution of the United States, Article. I. Section. 7. Revenue Bills, Legislative Process, Presidential Veto

The United States Constitution Article. I. (The Legislative Branch) Section. 7. (Revenue Bills, Legislative Process, Presidential Veto) All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills. Every Bill which shall have passed the House of Representatives and the Senate, … Read more

Whoops! Official Argentine inflation just a tad off

We have posted in the past about how Argentina has been fudging their macro data (see here and here) by systematically under-reporting inflation, which is a very convenient thing to do when you have issued inflation-indexed bonds! However, it seemed like the Kirchner governments were more or less getting away with it. Now, after a … Read more