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Is the 5th Circuit en banc opinion a bad call or have the Treasury and FHFA perpetrated a fraud on the court in Collins v. Mnuchin?

Joseph Marren  |  October 20, 2020

By Joseph Marren, includes “… In the 1950s passages in several of the Combined Statements describe how parties to a 1953 Agreement … effectively hijacked that report from its role as a required constitutional financial statement to become another supporting document for the President’s Budget. … It appears impossible to reconcile the repurposing of the Combined Statement with Article I, Section 9, clause 7 which contains two clauses that are commonly known as the Appropriations Clause and the Statement and Account Clause.”

 
 
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