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Money Supply

Posted by Steve Jackson on Jan 18th 2024

Money Supply

What does the term Money Supply mean?Well, if we take it to the personal level it’s all the money in your pockets, in your wallet or purse. On a national level it is the total of all the cash that i …

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​What’s The Difference Between Deficit and Debt?

Posted by Steve Jackson on Dec 25th 2023

​What’s The Difference Between Deficit and Debt?

To remember these two terms, think in reverse: The “long” word, deficit, refers to just the annual money owed during one year. The “short” word, debt, refers to the accumulation of all the annual de …

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Posted by Steve Jackson on Nov 18th 2023

The U.S. federal budget

What are the 12 spending categories of America's federal budget? The United States budget is the responsibility of the U.S. House of Representatives to write once every year. The money to be spe …

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Appropriation Bills

Posted by Steve Jackson on Nov 3rd 2023

Appropriation Bills

What are Appropriation Bills: Appropriation bills are instruments of the U.S. House of Representatives that designate how federal tax dollars are to be spent. There are three types of appropriation bi …

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The Speaker of the House

Posted by Steve Jackson on Oct 23rd 2023

The Speaker of the House

The Speaker of the U.S. House of Representatives does much more than speak. The Speaker virtually controls the entire House of Representatives by exercising the power delegated to it by the House ru …

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