In Cars & Vehicles. A liquid asset is cash or something that can be quickly converted  into cash. A car is generally not considered a liquid asset. The  reason for this is because it can take sâ¦ome time to sell a car in  order to obtain cash.
Temporary Assistance for Needy Families (TANF /ËtÃ¦náµ»f/) is one of the United States of America's federal assistance programs.
Given the constrained fiscal environment, Congress should take steps to ensure that TANF funds are targeted to promoting and supporting work and providing a safety net to needy families. TANF is overdue for reauthorization, which will give Congress an opportunity to revisit and improve the TANF block grant.