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The E-Sylum: Volume 22, Number 51, December 22, 2019, Article 22

CONGRESS WON'T SPEND MONEY ON MONEY

This article highlights some of the items specifically called out in the new U.S. budget for monies NOT to be spent, and two of them relate to numismatics. -Editor

None of the funds Nearly three months behind schedule, the $1.4 trillion in funding packages approved by Congress for the federal government this past week contained an array of spending restrictions for money spent by the Executive Branch, covering everything from a ban on buying supercomputers outside the U.S. to leaving hurricane hunter airplanes at a specific military base in Mississippi.

Inside the bill were hundreds of provisions which spell out what can not be done with money appropriated by the Congress - known as, "None of the funds."

+ Keep your hands off the $1 bill. This provision has been a part of the Congressional funding bills for a number of years. Why? The vending industry is supposedly the quiet actor here, because they don't want to have to worry about re-configuring vending machines in order to accept a redesigned $1 bill.

+ Don't build any new money museums. Just after the $1 bill provision is one spending restriction that catches your eye, saying no money 'may be used by the United States Mint to construct or operate any museum' without the approval of various committees in the Congress. It would seem that no museum could be built by a federal agency without the approval of Congress, but what do I know.

I've heard bits and pieces of the story behind the museum non-provision. Has it been written up in the numismatic press? Who ticked off who in Congress? -Editor

To read the complete article, see:
Year-end budget measures filled with spending restrictions (https://www.wpxi.com/news/politics/jamie-dupree/year-end-budget/7RYTMYFQ2HLYFQ2PGOFB4GSQWY/)

Stacks-Bowers E-Sylum ad 2019-12-15 New York sales


Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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