Tag: R44974

STOCK Act / Stop Trading On Congressional Knowledge Act (CongressionalGlossary.com)

STOCK Act / Stop Trading On Congressional Knowledge Act (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms STOCK Act / Stop Trading On Congressional Knowledge Act Stop Trading on Congressional Knowledge Act of 2012 or STOCK Act – (Sec. 3) Requires the congressional ethics committees to issue interpretive guidance of the rules of each chamber, including rules on conflicts of interest and […]

Crony Capitalism / Rent-Seeking / Corporate Welfare / Revolving Door (CongressionalGlossary.com)

Crony Capitalism / Rent-Seeking / Corporate Welfare / Revolving Door (CongressionalGlossary.com)

Crony Capitalism / Rent-Seeking / Corporate Welfare / Revolving Door Corporate welfare refers to subsidies and regulatory protections that lawmakers confer on certain businesses and industries. When considering budget issues, federal policymakers are supposed to have the broad public interest in mind. Unfortunately, that is not how the federal budget process usually works in practice. […]

Executive Branch (CongressionalGlossary.com)

Executive Branch (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Executive Branch   EXECUTIVE BRANCH – Cram for the Exam   The president is the head of the executive branch of the government, which includes many departments and agencies. The power of the Executive Branch is vested in the President of the United States, who […]

Agency Mission (CongressionalGlossary.com)

Agency Mission (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Agency Mission photo credit: IntelFreePress Agency Mission: Term used in section 1105(a)(22) of title 31 of the United States Code, which outlines content requirements for the President’s budget submission to Congress. Section 1105 requires that the President’s budget contain a statement of agency budget authority […]