Urban Fiscal Policy
Veto power is the authority vested in an individual or body to unilaterally stop or reject a decision or proposal, often exercised in legislative contexts. This power serves as a critical check and balance within the decision-making processes, allowing those in positions of authority to prevent actions they deem unfavorable or harmful. It plays a significant role in budget processes by enabling certain officials, like executives or governing boards, to influence fiscal policy and spending priorities.
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