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Trump Wants to Use Nixon s Controversial Strategy if He Wins 2024 Election

Form 20-F Castor Maritime Inc For: Dec 31

Form 20-F Castor Maritime Inc For: Dec 31
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The Federal Budget Process Is a Disaster in Waiting

Economy, finance, and budgets Politics and law The Budget Control Act of 1974 is the most misnamed congressional act in American history. Far from “controlling” anything, its passage caused the federal budget process to spin out of control. In the six years preceding the act, with the Vietnam War raging, annual deficits averaged $11.3 billion. In the first six years after the Budget Control Act, with the war over, they averaged $54 billion. What happened? The Budget Control Act cut the president out of the budget process by removing his political leverage, leaving Congress in near-total control of the budget. Congressmen have a strong incentive to bring home the bacon, both to their voters and, increasingly, to their donors. Logrolling you vote for my project and I’ll vote for yours is, all too often, how Congress works.

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