Pertaining to a league or treaty; derived from an agreement or covenant between parties, especially between nations; constituted by a compact between parties, usually governments or their representatives.
Composed of states or districts which retain only a subordinate and limited sovereignty, as the Union of the United States, or the Sonderbund of Switzerland.
Consisting or pertaining to such a government; as, the Federal Constitution; a Federal officer.
Friendly or devoted to such a government; as, the Federal party. see Federalist.
When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. Ron Paul