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Webster's New World Law Dictionary » spending power
spending power
spending power definition - legal
n
The power granted to a
government body to spend money, especially the power of Congress to spend money
in order to provide for the defense of the United States and to promote the
general welfare. Since 1936, that power has been expanded to include Social
Security, environmental crises, and other concerns, such as desegregation and
affirmative action.
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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