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Members' Representational Allowance (MRA)

The annual budget provided to each member of the U.S. House of Representatives to pay for official expenses like staff salaries, office rent, travel, and supplies.

Fiscal Year

A 12-month period that a government or business uses for accounting purposes. For the U.S. federal government, it runs from October 1 to September 30.

Treasury

Refers to the U.S. Department of the Treasury, which manages federal finances, collects taxes, and pays the government's bills.

Deficit Reduction

The act of decreasing the amount by which government spending exceeds government revenue in a given fiscal year.

Federal Debt

The total amount of money the U.S. government owes to its creditors, accumulated over time from budget deficits.

Committee on House Administration

A standing committee in the U.S. House of Representatives responsible for overseeing the daily operations of the House, including member allowances and office resources.