Federal
in sentence
1805 examples of Federal in a sentence
In fact, the Tenth Amendment of the US Constitution explicitly reserves for the states all powers not delegated to the
federal
government.
And states may sue the
federal
government, as Republican governors and attorneys general have done to overturn several Obama-era regulations and executive orders.
But the US Supreme Court has repeatedly ruled that states may not nullify or contravene
federal
law – a right some southern states claimed in the mid-twentieth century to resist school integration.
If the government were removed more fully from the financial sector (including abolishing the
Federal
Reserve), he argues, the economy would function better.
If they are judged to be insolvent, they are allowed to fail or are taken over by
federal
authorities, while depositors are made whole by the
Federal
Deposit Insurance Corporation.
Similarly, in case of bankruptcy,
federal
laws and courts readily adjudicate claims among creditors, and do so without regard to state borders.
Regardless of the outcome, private debt is not socialized by state governments (but by the
federal
government, if at all), and does not threaten public finances at the state level.
Meanwhile, the
federal
government makes up for a good chunk of the drop in state incomes by transfers or reduced taxes.
Almost all of this happens automatically, without long, contentious negotiations among state governors and
federal
officials, assistance from the IMF, or calling into question the existence of the United States as a unified political-economic entity.
In fact, the closest analogue to it is America’s own historical experience with building a
federal
republic.
In the US, too, policies in individual states such as California will drive technological progress, regardless of the
federal
government’s approach.
But that will still leave the
federal
funds rate at less than 1%.
With the inflation rate close to 2%, the real
federal
funds rate would still be negative.
In 1790, when Alexander Hamilton argued that the new
federal
government should assume the states’ debts from the War of Independence, he encountered fierce hostility.
The only way to sustain such a new political order, James Madison argued in The Federalist Papers, was to ensure that
federal
powers were few and limited.
There is no
federal
legislation at all on the welfare of farm animals – and very little state legislation, either.
A bank that that did not need the additional reserves could of course lend them to another bank that did, earning interest at the
federal
funds rate on that interbank loan.
In Germany, which is preparing for a
federal
election next year, the Social Democrat Party (SPD) seems to be thinking in terms of détente, while Chancellor Angela Merkel and her Christian Democratic Union takes a tougher line.
Aggressive monetary expansion through quantitative easing is also far more complicated and politically contentious in a currency area with no
federal
debt for the central bank to buy.
To take just one example, the United States’
federal
government accounts for just 537 of the country’s roughly 500,000 elected positions.
The Reagan tax cuts remained in place, and created a
federal
budget deficit that would not be tamed until President Bill Clinton started to bring spending and revenues back into line in 1993.
Pardons Are a Loaded GunNEW YORK – Joe Arpaio, the former sheriff of Maricopa County, Arizona, who was convicted of contempt of court for defying a
federal
judge’s order to stop racially profiling and arbitrarily detaining Latinos in the name of catching illegal immigrants, is no stranger to controversy.
The other is rooted in federalism: it could be used only for crimes “against the United States,” or
federal
crimes, not crimes prosecuted by one of the 50 US states.
Romney, by contrast, favors limiting overall
federal
spending, currently 24% of GDP, to 20%, and keeping defense at 4%.
For example,
federal
spending relative to GDP fell by five percentage points from the mid-1980’s to the late 1990’s in the US, and by an even larger margin in recent decades in Canada – that is, through periods of strong economic growth.
Obama wants to expand
federal
command-and-control regulation further (though the courts have stopped his extension of some regulatory powers).
ConclusionThe sad truth is that the euro crisis has provided fodder for federalists and skeptics, who form a strange alliance in arguing that the euro would work only within a full-fledged
federal
union.
The results have not only created a conflict between US
federal
law and state legislation, but also signal a shift in attitudes not dissimilar to that concerning same-sex marriage.
The legal and political challenges implied are no minor matter: marijuana remains an illicit substance under US
federal
law and international conventions that America has adopted.
On other issues – notably immigration – Obama rejects claims of states’ rights and insists on
federal
authority.
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