Authority
Authority for the Council is found in the Competitiveness Policy Council Act, 15 U.S.C. ยง4801 et seq. This Act was part of the larger Omnibus Trade and Competitiveness Act of 1988. The authorization of appropriations for the Council expired in Fiscal year 1992, but otherwise the statutory underpinnings for the Council remain intact, and the Council could be revived by a future President with a pro-competitive agenda.
Read more about this topic: Competitiveness Policy Council
Famous quotes containing the word authority:
“The function of literature, through all its mutations, has been to make us aware of the particularity of selves, and the high authority of the self in its quarrel with its society and its culture. Literature is in that sense subversive.”
—Lionel Trilling (1905–1975)
“Authority is not a quality one person “has,” in the sense that he has property or physical qualities. Authority refers to an interpersonal relation in which one person looks upon another as somebody superior to him.”
—Erich Fromm (1900–1980)
“And truly Philosophy is but sophisticated poetry. Whence do those ancient writers derive all their authority but from the poets?”
—Michel de Montaigne (1533–1592)