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Matching Funds
Matching funds are funds that are set to be paid in proportion to funds available from other sources. Matching fund payments usually arise in situations of charity or public good. The terms cost sharing, in-kind, and matching can be used interchangeably but refer to different types of donations. Charitable donations Concept In philanthropic giving, foundations and corporations often give money to non-profit entities in the form of a matching gift. Corporate matches often take the form of employee matching gifts, which means that if an employee donates to a nonprofit, the employee's corporation will donate money to the same nonprofit according to a predetermined match ratio (usually 1:1). For foundations, a matching gift is a grant made directly to a nonprofit on the condition that the nonprofit raises a set quantity of money before the grant is bestowed. The benefit of foundation matching grants is that they provide greater incentive leverage when a nonprofit is fundraising ...
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Public Interest
The public interest is "the welfare or well-being of the general public" and society. Overview Economist Lok Sang Ho in his ''Public Policy and the Public Interest'' argues that the public interest must be assessed impartially and, therefore, defines the public interest as the "''ex ante'' welfare of the representative individual." Under a thought experiment, by assuming that there is an equal chance for one to be anyone in society and, thus, could benefit or suffer from a change, the public interest is by definition enhanced whenever that change is preferred to the status quo ''ex ante''. This approach is "''ex ante''", in the sense that the change is not evaluated after the fact but assessed before the fact without knowing whether one would actually benefit or suffer from it. This approach follows the " veil of ignorance" approach, which was first proposed by John Harsanyi but popularized by John Rawls in his 1971 ''Theory of Justice''. Historically, however, the approa ...
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Detroit River International Crossing
The Gordie Howe International Bridge (french: Pont International Gordie-Howe), known during development as the Detroit River International Crossing and the New International Trade Crossing, is a cable-stayed international bridge across the Detroit River, currently under construction. The crossing will connect Detroit and Windsor by linking Interstate 75, Interstate 94 and Interstate 96 in Michigan with Highway 401 in Ontario (through the Rt. Hon. Herb Gray Parkway extension of Highway 401). The bridge will provide uninterrupted freeway traffic flow, as opposed to the current configuration with the nearby Ambassador Bridge that connects to city streets on the Ontario side. The bridge is named after Canadian ice hockey player Gordie Howe, whose celebrated career included 25 years with the Detroit Red Wings, and who died two years before construction began. First proposed in 2004, the project was met with prominent opposition by Ambassador Bridge owner Manue ...
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Gary Johnson
Gary Earl Johnson (born January 1, 1953) is an American businessman, author, and politician. He served as the 29th governor of New Mexico from 1995 to 2003 as a member of the Republican Party. He was the Libertarian Party nominee for President of the United States in the 2012 and 2016 elections. He was also the Libertarian nominee in the 2018 U.S. Senate election in New Mexico. Johnson entered politics for the first time by running for governor of New Mexico in 1994 on a low-tax, anti-crime platform, promising a "common-sense business approach". He defeated incumbent Democratic governor Bruce King, 50% to 40%. He cut the 10% annual growth in the budget, in part by using the gubernatorial veto 200 times during his first six months. He was unable to convince the state senate to pass any of his motions. Johnson sought reelection in 1998, winning by 55% to 45%. In his second term, he concentrated on the issue of school voucher reforms as well as campaigning for cannabis ...
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Federal Election Campaign Act
The Federal Election Campaign Act of 1971 (FECA, , ''et seq.'') is the primary United States federal law regulating political campaign fundraising and spending. The law originally focused on creating limits for campaign spending on communication media, adding additional penalties to the criminal code for election law violations, and imposing disclosure requirements for federal political campaigns. The Act was signed into law by President Richard Nixon on February 7, 1972. In 1974, the act was amended to create the Federal Election Commission (FEC) and to further regulate campaign spending. The act was amended again in 1976, in response to the provisions ruled unconstitutional by ''Buckley v. Valeo,'' including the structure of the FEC and the limits on campaign expenditures, and again in 1979 to allow parties to spend unlimited amounts of hard money on activities like increasing voter turnout and registration. In 1979, the FEC ruled that political parties could spend unreg ...
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US Income Tax
Income taxes in the United States are imposed by the federal government, and most states. The income taxes are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships are not taxed (with some exceptions in the case of Federal income taxation), but their partners are taxed on their shares of partnership income. Residents and citizens are taxed on worldwide income, while nonresidents are taxed only on income within the jurisdiction. Several types of credits reduce tax, and some types of credits may exceed tax before credits. An alternative tax applies at the federal and some state levels. In the United States, the term "payroll tax" usually refers to FICA taxes that are paid to fund Social Security and Medicare, while "income tax" ref ...
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Presidential Election Campaign Fund Checkoff
The presidential election campaign fund checkoff appears on US income tax return forms as the question ''Do you want $3 of your federal tax to go to the Presidential Election Campaign Fund?'' Originally $1 and implemented in 1966 as a start to the public funding of elections, this money provides for the financing of presidential primary and general election campaigns and national party conventions. Beginning with the 1967 tax year, individual taxpayers were able to designate $1 to be applied to the Presidential Election Campaign Fund. Both the Republican and Democratic nominees in the general election receive a fixed amount of checkoff dollars. Nominees from other political parties may qualify for a smaller, proportionate amount of checkoff funds if they receive over five percent of the vote. The national parties used to receive funds to cover the costs of their national conventions. Matching funds are also given for primary candidates for small contributions. The campaign fund re ...
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Reform Party Of The United States Of America
The Reform Party of the United States of America (RPUSA), generally known as the Reform Party USA or the Reform Party, is a centrist political party in the United States, founded in 1995 by Ross Perot. Perot believed Americans were disillusioned with the state of politics as being corrupt and unable to deal with vital issues. After he received 18.9 percent of the popular vote as an independent candidate in the 1992 presidential election, he founded the Reform Party and presented it as a viable alternative to Republicans and Democrats. As the Reform Party presidential nominee, Perot won 8.4 percent of the popular vote in the 1996 presidential election. Although he did not receive a single electoral vote, no other third-party or independent candidate has since managed to receive as high a share of the popular vote. The party has nominated other presidential candidates over the years, including Pat Buchanan and Ralph Nader. Its most significant victory came when Jesse Ventu ...
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Pat Buchanan
Patrick Joseph Buchanan (; born November 2, 1938) is an American paleoconservative political commentator, columnist, politician, and broadcaster. Buchanan was an assistant and special consultant to U.S. Presidents Richard Nixon, Gerald Ford, and Ronald Reagan. He is a major figure in the modern paleoconservative movement in America, and his writings, morals, values, and strategic thinking have continued to influence many paleoconservatives. In 1992 and 1996, he sought the Republican presidential nomination. In 1992 he ran against incumbent president George H. W. Bush, campaigning against Bush's breaking of his " Read my lips: no new taxes" pledge, as well as his foreign policy and positions on social issues. At the 1992 Republican National Convention, Buchanan delivered his " Culture War" speech in support of the nominated President Bush. In 1996, he ran against eventual Republican nominee Bob Dole, but withdrew after getting only 21 percent of Republican primary votes. ...
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Federal Government Of The United States
The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States, a federal republic located primarily in North America, composed of 50 states, a city within a federal district (the city of Washington in the District of Columbia, where most of the federal government is based), five major self-governing territories and several island possessions. The federal government, sometimes simply referred to as Washington, is composed of three distinct branches: legislative, executive, and judicial, whose powers are vested by the U.S. Constitution in the Congress, the president and the federal courts, respectively. The powers and duties of these branches are further defined by acts of Congress, including the creation of executive departments and courts inferior to the Supreme Court. Naming The full name of the republic is "United States of America". No other name appears in the Constitution, and thi ...
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President Of The United States
The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the Federal government of the United States#Executive branch, executive branch of the Federal government of the United States, federal government and is the Powers of the president of the United States#Commander-in-chief, commander-in-chief of the United States Armed Forces. The power of the presidency has grown substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global superpower. As the leader of the nation with t ...
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American Politics
The politics of the United States function within a framework of a constitutional federal republic and presidential system, with three distinct branches that share powers. These are: the U.S. Congress which forms the legislative branch, a bicameral legislative body comprising the House of Representatives and the Senate; the executive branch which is headed by the president of the United States, who serves as country's head of state and government; and the judicial branch, composed of the Supreme Court and lower federal courts, and which exercises judicial power. Each of the 50 individual state governments have the power to make laws within their jurisdictions that are not granted to the federal government nor denied to the states in the U.S. Constitution. Each state also has a constitution following the pattern of the federal constitution but differing in details. Each have three branches: an executive branch headed by a governor, a legislative body, and judicial bran ...
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National Park Service
The National Park Service (NPS) is an agency of the United States federal government within the U.S. Department of the Interior that manages all national parks, most national monuments, and other natural, historical, and recreational properties with various title designations. The U.S. Congress created the agency on August 25, 1916, through the National Park Service Organic Act. It is headquartered in Washington, D.C., within the main headquarters of the Department of the Interior. The NPS employs approximately 20,000 people in 423 individual units covering over 85 million acres in all 50 states, the District of Columbia, and US territories. As of 2019, they had more than 279,000 volunteers. The agency is charged with a dual role of preserving the ecological and historical integrity of the places entrusted to its management while also making them available and accessible for public use and enjoyment. History Yellowstone National Park was created as the first nation ...
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