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The Origination Clause, sometimes called the Revenue Clause, [1] [2] is Article I, Section 7, Clause 1 of the U.S. Constitution.The clause says that all bills for raising revenue must start in the U.S. House of Representatives, but the U.S. Senate may propose or concur with amendments, as in the case of other bills.
An appropriation bill, also known as supply bill or spending bill, is a proposed law that authorizes the expenditure of government funds. It is a bill that sets money aside for specific spending. [1] In some democracies, approval of the legislature is necessary for the government to spend money.
The House and Senate now consider appropriations bills simultaneously, although originally the House went first. The House Committee on Appropriations usually reports the appropriations bills in May and June and the Senate in June. Any differences between appropriations bills passed by the House and the Senate are resolved in the fall. [11]
To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof. Congress's "power of the purse" authorizes taxing citizens, spending money, issuing notes and minting coins.
House Republicans passed sweeping legislation Wednesday that would raise the government's legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions, a tactical victory for ...
Of all the limitations upon the power to tax and spend, the General Welfare Clause appears to have achieved notoriety as one of the most contentious. The dispute over the clause arises from two distinct disagreements. The first concerns whether the General Welfare Clause grants an independent spending power or is a restriction upon the taxing ...
“The middle class tends to focus more on investments that can be used to build wealth for the future, such as 401(k) accounts, stock purchases and more,” said Paige Robinson, real estate ...
American’s spending power dipped to a low point of 85.6% in June 2022, the survey showed, down from its high of 102.8% in November 2020. The decline represented six years of gains in purchasing ...