Word: impound
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Dates: during 1980-1989
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Federal Reserve Board Chairman Paul Volcker, who opposes the amendment but supports its goals, has warned Congress that the arrangement could give the President a line-item veto of the entire budget and grant him, in effect, the power to impound any federal funds he wishes. Congress would no longer be able to mandate or create new programs. In the name of balancing the budget, the President could theoretically drop entire programs without any possibility of congressional review...
Last week's hotel bill brouhaha made Miamians wonder if the Saudi spending spree was over. The hoteliers say Mohammad recently bounced 37 checks, and on Thursday they got a judge to impound his jewelry and cars still at the Diplomat. Several indulgent creditors, including a taxi company with unpaid fares totaling $157,000, were fretful, and Mohammad's construction crew walked off the job. But Rasheed, the family spokesman, was reassuring. "Everybody will get his money. Everybody will be happy, kiss the hand and come to work again.'' -By Kurt Andersen. Reported by William McWhirter/Miami
...boot is part of a streamlined effort to collect delinquent parking fines, made possible by a statute passed as part of the 1982 state budget, which allows city officials to impound cars directly instead of waiting for a court order, Teso said...
...tried to float the idea of giving the President authority to impound funds appropriated by Congress. That would undercut the Budget Act of 1974, which was passed after President Nixon repeatedly used impoundment to control the flow of federal spending in defiance of congressional wishes. Not surprisingly, Democrats were cool to the idea, saying that the proposal was just a copout for the Republicans...
...final $26,000 invoice for the printing order. When Edwards approached the Canadian Department of External Affairs for some needed muscle, he was informed that he would have little luck in collecting the debt. "They told me," says Edwards, "the Russians had immunity." Undeterred, Edwards considered trying to impound the ice skates of the visiting Soviet hockey team. In 1973 he persuaded a local court to order the seizure of a Soviet airliner, but that endeavor fizzled under pressure from a number of less determined Canadian government agencies...