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 […]

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Political Finance – A Quick Overview

What is Political Finance? Generally, political finance is the term for all funds in the process of political-electoral campaigns. Therefore, political funding can be defined as the funding of present and political party activities as well as electoral campaigns. Specifically pertaining to campaigns of running candidates and political parties. Political finance all over the world […]

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  • Decentralized Finance: A Political Game Changer?
    Decentralized finance (DeFi) is already shaking up traditional finance systems. Unlike centralized banking, which relies on intermediaries, DeFi uses blockchain technology to provide services without needing middlemen like banks. This shift is not just a technological breakthrough—it could have political consequences that reach far beyond the financial sector. By removing centralized control of financial systems, […]
  • Harris and Trump’s Proposed Budgets Analyzed by Penn Wharton
    Presidential candidates Kamala Harris and Donald Trump are trying to win voters by disputing the viability of the other’s economic agenda for generating long term economic growth. Yet according to the analytical reports of the Penn Wharton Budget Model (PWBM), Trump’s proposed budget will likely increase the country’s budget deficits by $5.8 trillion over the […]
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