In the United States, both Congress and the president are responsible for fiscal policy. They look at the goals for the United States and create a fiscal policy that serves to meet those goals. More »

In the United States, fiscal policy is set by a consensus agreement between both houses of Congress. The process is very complicated, beginning with an extended period in which at least four, and possibly many more budge... More »

Examples of fiscal policy include changing tax rates and public spending to curb inflation at a macroeconomic level. Other examples include extending tax cuts to counteract a cut in government spending to avoid causing a... More »

In the United States, the president is responsible for either signing or vetoing bills passed by Congress. Veto power is rarely exercised, as Congress knows that it can only override a veto with a two-thirds vote of both... More »

When a president rejects, or vetoes, a bill, Congress can override that veto with a two-thirds majority vote of the members present in both the House of Representatives and the Senate. The vote to override must occur in ... More »

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The national security advisor assists the president in national security affairs, providing real-time, immediate data and information about any significant global happenings that affects United States’ foreign policy. Th... More »

One of the most lauded precedents set by George Washington's presidency is his decision to choose the title of president of the United States. Washington instilled the idea that the president is an executive, not a monar... More »