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The federal government also maintains a contingency $2 billion TANF fund (TANF CF) to assist states that may have rising unemployment. [25] The new TANF program expired on September 30, 2010, on schedule with states drawing down the entire original emergency fund of $5 billion and the contingency fund of $2 billion allocated by ARRA.
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
Mandatory programs act as automatic stabilizers and provide a fiscal stimulus in the short run without the need for new legislative action. [3] During the recession in 2008 and 2009, mandatory spending increased by 31% due to federal financial interventions and the economic downturn.
These further cloud attempts to enumerate a list of agencies. [3] [4] The executive branch of the federal government includes the Executive Office of the President and the United States federal executive departments (whose secretaries belong to the Cabinet). Employees of the majority of these agencies are considered civil servants.
According to the U.S. government, its efforts to counter terrorist activities were compromised after the existence of the Terrorist Finance Tracking Program was leaked to the media. [36] Turbulence (NSA): Turbulence is a United States National Security Agency (NSA) information-technology project started circa 2005.
When the trust fund invests in these government bonds, the money goes into the general fund of the U.S. Treasury and can be used to fund other programs. But the debt will have to be repaid and the ...
The EPA sets and enforces standards for air, soil and water quality, evaluates the impact of pesticides and chemical substances, and manages the Superfund program for cleaning toxic waste sites. The Export–Import Bank of the United States (EXIM) is the official export credit agency (ECA) of the United States federal government. Operating as a ...
House lawmakers on Tuesday called for sweeping reforms to the credit reporting industry — with some Democrats going so far as proposing a nationally run system, saying the three major bureaus ...