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How much money can a president spend? all of it. How much money can a president raise? .. well that tend not leave office with the country rich
The President can not spend money or levy taxes -- only the Congress can do that.The President can only make recommendations about the budget and spend money which Congress authorizes him to spend.
Impoundment
expenses
Spend a lot of money
5,000
25000000
they actually spent $40,000 on their trip
Well, they can't spend money on anything unless 1. they actually have their own money or 2. they can crawl REALLY fast.
When a president refuses to spend money that Congress appropriates, ii is called impoundment of funds. This was a power that that was first exercised by the U.S. President Thomas Jefferson in 1801. In 1974, the Impoundment Control Act was enacted to limit this power of presidents.
On things they actually dont need to impress people who dont actually care about them.
Indeed it can. The legislative branch can coin money.Answer:No, the legislature can spend money, spend money and create a deficit but they don't create money. The Federal Reserve Bank controls the money supply and the Mint actually produces the money.