1. Federal funds have to be used as dictated by Washington. 2. Spending federal funds to employ chaplains for the armed forces might be said to violate the Establishment Clause. 3. The Fed lowered the key federal funds rate on overnight bank loans twice last year, in July and December. 4. The federal insurance fund has been drained by recent bank failures. 5. The United States has forbidden the use of federal funds for human cloning research. 6. Unused federal funds will be redistributed to other states. 7. Shifty politicians making deals to channel federal funds into their districts. 8. The issue was important because the final census figures were used to apportion federal funds and political representation between individual states and districts. 9. Alonso himself is receiving training from the Justice Department so the county can apply for federal funds. 10. Although the discount rate is usually kept below the federal funds target rate, the Fed often moves the two rates up and down more or less in tandem. |