Skip to content

You Can Double the Difference You Make for Vulnerable Seniors — Donate Today, and Your Gift Will Be Matched! Find Out More

 
National Debt Glossary

Impoundment

An action or inaction by the President or a federal agency that delays or withholds the obligation or expenditure of budget authority provided by law.

SOURCE: Congressional Research Service

Join the Discussion

0 | Add Yours

Please leave your comment below.

You must be logged in to leave a comment.

GO TO THIS ARTICLE