> Inflation
A rate of increase in the general price level of all goods and services. (This should not be confused with increases in the prices of specific goods relative to the prices of other goods.)
Most Judgments Against The United States Could Not Be Paid From Existing Appropriations
Prior to 1956, most judgments against the United States could not be paid from existing appropriations, but required specific congressional appropriations for payment. In 1956, Congress enacted a permanent, indefinite appropriation ("the Judgment Fund") for the payment of final judgments which were "not otherwise provided for." This fund was intended to provide a mechanism that would alleviate the procedural burdens of judgment payment, allow for prompter payments, and reduce the assessment of interest against the United States (where such was allowed by law) during the period between the rendering and payment of an award. In 1961, Congress modified the law to allow payment from the fund of Justice Department compromise settlements of actual or imminent litigation, as well. The appropriation is found at 31 U.S.C. 1304.
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Latest Financials news in Palmdale and nationwide:
Jul 14, 2006 - Developing Countries Urged To Open Financial Markets
Testifying November 15 before a House of Representatives Financial Services subcommittee, Bliss said that securing higher ... Read more >
Jan 18, 2006 - SEC Adopts Rule, Reporting Consultant Financial Information Washington, D.C., Feb. 3, 2005 - The U.S. Securities and Exchange Commission today issued a release adopt... Read more >
May 25, 2005 - Financial Advisor Responsible For The Sale Of The Mutual Fund
Our recommendation to the Securities and Exchange Commission that, in addition to providing the shareholder Tax Identifica... Read more >
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