Word: branches
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Miller left the executive branch for Congress where he served as special assistant to former Sen. John Cooper, working on efforts to halt the production of anti-ballistic missiles, the SALT I negotiations, and other foreign policy questions...
...said the judges. The delegation as such is lawful, but only a member of the Executive Branch can be directed to carry out a law that Congress enacts. The Comptroller General "cannot in any proper sense be characterized as an arm or eye of the Executive," even though he is appointed by the President; among other reasons, he can be fired by Congress. "It may seem odd" to base so momentous a decision on such a "relative technicality," the judges conceded, but the separation of Legislative and Executive powers "consists precisely of a series of technical provisions that are more...
...price we pay for our fragmented system. It's well worth the cost because it also prevents individuals from abusing authority. Second, Mr. Moses completely ignores the real reason for the ruling--the enforcement mechanism (of OMB and CAO mandatory cuts) puts direct executive power in the legislative branch through the CAO. This decision hardly makes the law useless. A simple revision transferring responsibility solely to the OMB (in the executive branch) would snuff out this objection...
King called Gramm-Rudman "taxation without representation," adding that the automatic budget cuts the act mandates would shift power from Congress and the judiciary to the executive branch of the Federal government. He also said the bill would cut social programs, including student aid, to dangerously low levels while protecting excessive military spending...
Federal law technically forbids banks to branch across state lines. But the rules have not stopped the interstate spread of financial institutions that function very much as real banks do. These companies have been able to circumvent the law because they do not fit the legal definition of a bank: an institution that takes deposits that can be withdrawn on demand and makes commercial loans. Known as "nonbank banks," the newcomers generally take deposits or make loans, but do not do both. About 80 of these limited-service banks have sprung up across...