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Many other presidents have followed Jefferson's example. From time to time, they refused to spend funds when they felt that Congress had appropriated more funds than was necessary. [citation needed] However, the impoundment power had limits. For example, in 1972, Richard Nixon attempted to impound funds on an environmental project which he opposed.
It was the fourth-largest bank failure in United States history, [207] and the second-largest failure of a regulated thrift. [208] [209] Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles area and the seventh-largest mortgage originator in the United States. [210]
Intelligence expert David Wise faulted Weiner for portraying Allen Dulles as "a doddering old man" rather than the "shrewd professional spy" he knew and for refusing "to concede that the agency's leaders may have acted from patriotic motives or that the CIA ever did anything right", but concluded: "Legacy of Ashes succeeds as both journalism ...
As Ronald Reagan's first budget director, former Michigan congressman David Stockman led the charge to cut the size, scope, and spending of the federal government in the early 1980s. He made ...
Tax resistance in the United States has been practiced at least since colonial times, and has played important parts in American history.. Tax resistance is the refusal to pay a tax, usually by means that bypass established legal norms, as a means of protest, nonviolent resistance, or conscientious objection.
In addition, he lobbied extensively for the Freedom Budget, traveling the country on a speaking tour and organizing a two-pronged crusade to gain support from influential figures while mobilizing grassroots activism. [9] Despite Rustin’s efforts, the Freedom Budget failed. Multiple factors contributed to this failure.
It was 10 years ago this month that the House Freedom Caucus was born. Stemming from frustration with government spending and with Republican leadership, this group of far-right conservatives has ...
The biggest bank failure in history, according to assets, Washington Mutual won its spot in the list of infamy when it went out of business and was purchased by JPMorgan Chase in 2008. Once the ...