Events tagged with "government finance"

Historical Events tagged with "government finance"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Politics & Government

Continental Congress Passes First Federal Budget

September 19th, 1778 246 years ago

The Continental Congress passed the first federal budget, marking a crucial step in the financial governance of the fledgling United States. This budget laid out the financial needs of the government as it contended with the challenges of financing the Revolutionary War. The allocation of funds was intended to support military efforts and maintain the Congress's authority. The budget represented an essential effort to establish financial stability amid war and uncertainty.