President- the elected head of a republican state.
Cabinet- a body of advisers to the president, composed of the heads of the executive departments of the government.
National Debt- the total amount of money that a country's government has borrowed, by various means.
Bond- an agreement with legal force, in particular.
Spectator - a person who looks on or watches; onlooker; observer
Unconstitutional -
not in accordance with a political constitution, especially the US Constitution, or with procedural rules.
Tariff - a tax or duty to be paid on a particular class of imports or exports.