The Reconstruction Finance Corporation (RFC) was an independent agency of the United States federal government that served as a lender of last resort to US banks and businesses. Established in 1932 by the Hoover administration to restore public confidence in the economy and banking to their pre-Depression levels, the RFC provided financial support to state and local governments, recapitalized banks to prevent bank failures and stimulate lending, and made loans to railroads, mortgage associations, and other large businesses. The Roosevelt administration's New Deal reforms expanded the agency, enabling it to direct disaster relief funds and provide loans for agriculture, exports, and housing. The RFC closed in 1957 when prosperity had been restored and for-profit private financial institutions could handle its mission. In total, the RFC gave US$2 billion in aid to state and local governments and made many loans, nearly all of which were repaid.
The Great Society was a set of domestic programs in the United States launched by President Lyndon B. Johnson in 1964 and 1965. The term was first referenced during a 1964 speech by Johnson at Ohio University, then later formally presented at the University of Michigan, and came to represent his domestic agenda. The main goal was the total elimination of poverty and racial injustice.
Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States, was a policy under which the United States supplied the United Kingdom, the Soviet Union, France, Republic of China, and other Allied nations of the Second World War with food, oil, and materiel between 1941 and 1945. The aid was given free of charge on the basis that such help was essential for the defense of the United States.
The National Defense Education Act (NDEA) was signed into law on September 2, 1958, providing funding to United States education institutions at all levels.
The United States Department of Education is a cabinet-level department of the United States government. It began operating on May 4, 1980, having been created after the Department of Health, Education, and Welfare was split into the Department of Education and the Department of Health and Human Services by the Department of Education Organization Act, which President Jimmy Carter signed into law on October 17, 1979.
The Fair Deal was a set of proposals put forward by U.S. President Harry S. Truman to Congress in 1945 and in his January 1949 State of the Union Address. More generally, the term characterizes the entire domestic agenda of the Truman administration, from 1945 to 1953. It offered new proposals to continue New Deal liberalism, but with a conservative coalition controlling Congress, only a few of its major initiatives became law and then only if they had considerable Republican Party support. As Richard Neustadt concludes, the most important proposals were aid to education, national health insurance, the Fair Employment Practices Commission, and repeal of the Taft–Hartley Act. They were all debated at length, then voted down. Nevertheless, enough smaller and less controversial items passed that liberals could claim some success.
The Mutual Defense Assistance Act was a United States Act of Congress signed by President Harry S. Truman on 6 October 1949. For U.S. foreign policy, it was the first U.S. military foreign aid legislation of the Cold War era, and initially to Europe. The Act followed Truman's signing of the Economic Cooperation Act, on April 3, 1948, which provided non-military, economic reconstruction and development aid to Europe.
The term New Frontier was used by Democratic presidential candidate John F. Kennedy in his acceptance speech in the 1960 United States presidential election to the Democratic National Convention at the Los Angeles Memorial Coliseum as the Democratic slogan to inspire America to support him. The phrase developed into a label for his administration's domestic and foreign programs.
The United States Senate Committee on Finance is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods. It is considered to be one of the most powerful committees in Congress.
The Elementary and Secondary Education Act (ESEA) was passed by the 89th United States Congress and signed into law by President Lyndon B. Johnson on April 11, 1965. Part of Johnson's "War on Poverty", the act has been one of the most far-reaching pieces of federal legislation affecting education ever passed by the United States Congress, and was further emphasized and reinvented by its modern, revised No Child Left Behind Act.
An unfunded mandate is a statute or regulation that requires any entity to perform certain actions, with no money provided for fulfilling the requirements. This can be imposed on state or local government, as well as private individuals or organizations. The key distinction is that the statute or regulation is not accompanied by funding to fulfill the requirement
The U.S. Information and Educational Exchange Act of 1948, popularly called the Smith–Mundt Act, was first introduced by Congressman Karl E. Mundt (R-SD) in January 1945 in the 79th Congress. It was subsequently passed by the 80th Congress and signed into law by President Harry S. Truman on January 27, 1948.
The Higher Education Act of 1965 (HEA) was legislation signed into United States law on November 8, 1965, as part of President Lyndon Johnson's Great Society domestic agenda. Johnson chose Texas State University, his alma mater, as the signing site. The law was intended "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education". It increased federal money given to universities, created scholarships, gave low-interest loans for students, and established a National Teachers Corps. The "financial assistance for students" is covered in Title IV of the HEA.
The War Brides Act was enacted on December 28, 1945, to allow alien spouses, natural children and adopted children of members of the United States Armed Forces, "if admissible", to enter the U.S. as non-quota immigrants after World War II. More than 100,000 entered the United States under this Act and its extensions and amendments until it expired in December 1948. The War Brides Act was a part of new approach to immigration law that focused on family reunification over racial exclusion. There were still racial limits that existed particularly against Asian populations, and Chinese spouses were the only Asian nationality that qualified to be brought to the United States under the act. The act was well supported and easily passed because family members of servicemen were the recipients, but concerns over marital fraud caused some tension.
Harry S. Truman's tenure as the 33rd president of the United States began on April 12, 1945, upon the death of president Franklin D. Roosevelt, and ended on January 20, 1953. He had been vice president for only 82 days when he succeeded to the presidency. Truman, a Democrat from Missouri, ran for and won a full four-year term in the 1948 presidential election, in which he narrowly defeated Republican nominee Thomas E. Dewey and Dixiecrat nominee Strom Thurmond. Although exempted from the newly ratified Twenty-second Amendment, Truman did not run for a second full term in the 1952 presidential election because of his low popularity. He was succeeded by Republican Dwight D. Eisenhower.
The policies of the United States of America comprise all actions taken by its federal government. The executive branch is the primary entity through which policies are enacted, however the policies are derived from a collection of laws, executive decisions, and legal precedents.
The Federal-Aid Highway Act of 1944 is legislation enacted by the United States Congress and signed into law on December 20, 1944, which established a 50–50 formula for subsidizing the construction of national highways and secondary roads. The legislation established a National System of Interstate Highways, and required the Public Roads Administration to establish construction and operational standards for the Interstate Highway System.
The Federal-Aid Highway Act of 1968 is legislation enacted by the United States Congress and signed into law on August 24, 1968, which expanded the Interstate Highway System by 1,500 miles (2,400 km); provided funding for new interstate, primary, and secondary roads in the United States; explicitly applied the environmental protections of the Department of Transportation Act of 1966 to federal highway projects; and applied the Davis–Bacon Act to all highway construction funded by the federal government. It established three new programs: a National Bridge Inspection Program, funding and fair housing standards for those displaced by federally funded highway construction, and a traffic operations study program.
The Ukraine Democracy Defense Lend-Lease Act of 2022 was an act of the United States Congress that facilitates the supply of materiel to the Ukrainian government in a manner similar to the World War II Lend-Lease Act in response to the Russian invasion of Ukraine.
The federal government of the United States has limited authority to act on education, and education policy serves to support the education systems of state and local governments through funding and regulation of elementary, secondary, and post-secondary education. The Department of Education serves as the primary government organization responsible for enacting federal education policy in the United States.
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