Examlex
Derivatives can be used to either hedge or speculate. These actions:
Authorization Bills
Legislation that grants permission, typically from a legislative body, for government spending in specific areas or for specific projects.
Budget Resolution
A congressional decision that sets a framework for federal budgeting and spending, outlining targets for revenues, expenditures, and other fiscal measures.
Congressional Earmark
Provisions within legislation that direct approved funds to be spent on specific projects or for certain purposes, often critiqued for being non-competitive.
Specific Project
A particular and clearly defined piece of work or plan, often with set objectives, timeline, and resources allocated to its completion.
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