What is Nostr?
Imogen /
npub1eay…dhmu
2024-12-06 21:56:24

Imogen on Nostr: “Impoundment” is another word that Americans may need to learn. What is ...

“Impoundment” is another word that Americans may need to learn.

What is impoundment?

The Constitution gives Congress the power of the purse. But the president is in charge of executing the law. Impoundment occurs when Congress appropriates money that the president then declines to spend.

It occurred frequently in US history, beginning in 1803 when Thomas Jefferson declined to buy gunboats to patrol the Mississippi as he negotiated the Louisiana Purchase with France.
Author Public Key
npub1eay2yxqz8rnhde5a87k20vnph4ltzuzr3rxwzj35p6u8cnr8vs2qc6dhmu