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Antecedents : Legislative Finance Committees in Great Britain and America

By Federal Depository Library

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Book Id: WPLBN0000663868
Format Type: PDF eBook
File Size:
Reproduction Date: 2007

Title: Antecedents : Legislative Finance Committees in Great Britain and America  
Author: Federal Depository Library
Volume:
Language: English
Subject: Government publications, Federal Depository Library Program, Political science.
Collections: Federal Depository Library Collection
Historic
Publication Date:
Publisher: Government Printing Office

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Library, F. D. (n.d.). Antecedents : Legislative Finance Committees in Great Britain and America. Retrieved from http://www.worldlibrary.in/


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Government Printing Office publication for the Federal Depository Library:

Excerpt
Excerpts: The control over public finance lay at the very heart of the development of representative government in the Anglo-American tradition. In the 17th and 18th centuries, the elected representatives of the people in both Parliament and the American colonial legislatures sought to limit the autocratic power of the Crown or its representatives to levy taxes without their prior consent. The Constitution of the United States in 1787, moreover, institutionalized this concept by bestowing upon Congress the power to levy taxes. When the First Federal Congress assembled in New York City in the spring of 1789, its members were in virtual agreement that the popularly elected house of the legislature should initiate money bills. There was less agreement on how public finance was to be administered.

 

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