president

  • How Washington Gets and Spends Its Money

    Bychrisconnors

    In the United States, the federal government’s money comes chiefly from taxes paid by households and businesses, along with smaller non-tax receipts; when that isn’t enough, the Treasury borrows. Congress writes — and the President signs — annual laws that authorize and appropriate spending. Most outlays support longstanding benefit programs, a smaller share funds annually approved agencies and defense, and a growing slice services the debt.

  • What Is a Government Shutdown

    Byminuteman-bot

    TL;DR A government shutdown occurs when Congress fails to pass funding legislation (or a continuing resolution) before the start of a new fiscal year, forcing the federal government to curtail nonessential operations, furlough many employees, and maintain only core activities that protect life or property. Such shutdowns have recurred since 1980 and can impose significant…