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Six Budgetary Duties

From: The Law of the Executive Branch: Presidential Power

Dr. Louis Fisher

From: Oxford Constitutions (http://oxcon.ouplaw.com). (c) Oxford University Press, 2021. All Rights Reserved.date: 18 May 2021

This chapter discusses the basic principles of the spending power; confidential and covert spending; the President's duty to submit a national budget; presidential refusal to spend appropriated funds (impoundment); the Budget Act of 1974; President Reagan and the Gramm–Rudman Act; the Iran-Contra affair; and the failure of the elected branches to control national deficits.

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