Chapter 14-1. Chapter 14-2 Statement of Cash Flows Chapter 14 Financial Accounting, Sixth Edition.
Chapter 14
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Transcript of Chapter 14
Presidential Powers
• Chief Executive• Commander in Chief• Diplomatic Leader• Legislative Leader• Chief of State• Party Leader
Chief Executive
• Administers and enforces the law
• Issues Executive Orders – presidential directives carrying the force of law
• Appoints his cabinet and advisors
• Nominates Supreme Court justices
Commander in Chief
• Civilian power controls military power.
• May commit troops in an “emergency.”
• Covert operations.
• See War Powers Resolution p. 309
Diplomatic Leader
• Makes treaties with consent of the Senate.• Makes executive agreements which are
binding unless they conflict with U.S. law.• Has great independence in dealing with
foreign policy.• Camp David is used to host foreign dignitaries
for negotiations.
Legislative Leader
• May present bills to Congress but a member of Congress must introduce them.
• Proposes a budget to Congress which sets policies because if they’re not in the budget, they don’t get funded.
• Veto power (including pocket veto)
Chief of State
• A national leader and a national symbol.• Entertains foreign dignitaries.• Protected by the Secret Service.
Limitations on Presidential Power
• Limited to 2 four year terms of office.• Lame duck – has less clout in Congress
because he is not standing for re-election and they don’t need his support or influence as much.
• May be impeached by the House and removed from office by the Senate.
Vice President
• Serves two constitutional functions:– 1. Serve as president of the Senate– 2. Assume the president’s duties in the event that
the president is unable to carry them out himself.
Executive Office of the President
• EOP – helps the president develop and implement his programs and policies.
• Composed of the press secretary, legal advisor, physician, chief of staff, and about 400 other people.
• National Security Council• Office of Management and Budget
The Cabinet
• Assists the president in carrying out his constitutional duties.
• Originally had 4 cabinet departments: – Department of State– Department of Treasury– Department of War– Attorney General
The Cabinet
• The Cabinet includes the Vice President and the heads of 15 executive departments — the Secretaries of Agriculture, Commerce, Defense, Education, Energy, Health and Human Services, Homeland Security, Housing and Urban Development, Interior, Labor, State, Transportation, Treasury, and Veterans Affairs, as well as the Attorney General.
The Cabinet
• http://www.whitehouse.gov/administration/cabinet
• The current cabinet