Tag: Tariff

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. […]

Earmarking / Earmarks / Miscellaneous Tariff Bills (CongressionalGlossary.com)

Earmarking / Earmarks / Miscellaneous Tariff Bills (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Earmarking / Earmarks / Miscellaneous Tariff Bills photo credit: Beau B Earmarking: Either of the following: (1) Dedicating collections by law for a specific purpose or program. Earmarked collections include trust fund receipts, special fund receipts, intragovernmental receipts, and offsetting collections credited to appropriation accounts. […]

The Commerce Clause – Article I Section 8, Clause 3 of the Constitution

The Commerce Clause – Article I Section 8, Clause 3 of the Constitution

The United States Constitution The Commerce Clause is one of Congress’ enumerated powers found in the Constitution of the United States, Article. I. Section. 8., clause 3: (Clause 3 – Commerce power) [The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;     […]