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#1 The appropriation bill is the legal requirement for the dispensing of money.
The 'budget' is a means to set priorities for all the appropriations and authorizations. The Budget Act of 1974 requires an annual, overall budget with various timelines and milestones, but there is no legal penalty on Congress if they fail (of course!!). But they can spend to their hearts' content as long as they pass an authorization and appropriations bill for that sum.
Posted by Steve White 2012-02-08 15:25||
#2 Karma would be for those, who ignore the law in order to have their way, to one day be sitting before a tribunal and be claiming protection of a document which by their own act, they had destroyed.
Posted by Procopius2k 2012-02-08 15:54||
#3 Who needs a budget when you can print all the currency you want and borrow for less than the inflation rate?
Posted by Shimble Guelph5793 2012-02-08 16:03||
#4 yes, why have taxes, too?
Posted by jack salami 2012-02-08 17:26||
#5 Oh you need the taxes to redistribute the wealth! Don't you think you're wealthy enough?
Posted by CrazyFool 2012-02-08 18:32||
#6 Yet the President was late again in proposing a budget. Our money and nations wealth mean nothing to the vapid sagging skin suits that call themselves representatives.
Mostly democrats, the party of no Virtue.
Posted by newc 2012-02-08 18:40||