The Federal Budget Process and the Role Played by Congress

The Federal Budget Process is a 9-step plan outlined by the 1974 Budget Control Act, establishing the role and authority of Congress in appropriating government funds, which the latter will present as a centralized and consolidated budget plan for the federal government at the start of every fiscal year. Take note that a fiscal year […]

Read More

  • Politics Can Impact The Financial Market
    Financial media often add to political hype by presenting people, rumors, or events as if they were all-important for the market. Reports of politicians juggling gigantic sums, and surrounding debts, deficits, surpluses, spending, credits, and big ideas with great fanfare are stirring investor concern. In our opinion, politics does influence the market, but not in […]
  • What’s Political Psychology?
    At its very center, political psychology is focused on a person’s behavior within the given political system. Psychology alone can’t explain intractable conflicts, war, Holocaust or even other extreme behavior of the state or collective political entity in a complex environment. Individuals are not acting or responding within a vacuum. Rather, their behavior greatly varies […]