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Can money be created any time and at any rate congress feels in necessary?
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Why was it necessary for the second continental Congress to print it's own money?
The second continental congress printed its own money to pay for guns, food, and uniforms for soldiers.
Can money be printed by Congress?
yes money can be printed by congress
Which level of government has power of enumenrated delegated or expressed powers?
Congress!!!! ....there is a provision in the constitution called the "necessary and proper clause," which gives Congress the power to tax, print money, declare war, etc.
Could the congress organize a national army?
Yes, Congress has the power to organize and maintain a national army under the Constitution. This power is explicitly granted to Congress in Article I, Section 8, Clause 12, known as the "Necessary and Proper Clause" or the "Elastic Clause." Therefore, if Congress deems it necessary, they can organize a national army.
How much money did it cost to build Yellowstone?
When Yellowstone was created in 1872, many in Congress were skeptical of the entire idea of national parks. But, these skeptics were convinced to create the nation's first national park, in part, by the promise that no budget would be necessary to run it. Park proponents believed that enough funds would be generated by leasing land to concesssioners to provide all the money necessary for road construction and maintenance. Kaeding,1997
Where does the import tax money go?
congress congress
What is the importance of the elastic clause in the Constitution?
Elastic ClauseThe elastic clause, also known as the Necessary-and-Proper Clause, is found in Article I, section 8, of the Constitution. It authorizes Congress to pass all laws "necessary and proper" to carry out the enumerated (listed) powers of Congress. The clause allows Congress some degree of flexibility in enacting legislation. It gives the Congress more power than what is stated in the Constitution. Example--the government has the power to collect taxes. But, the Constitution does not say where that money should be held. It was argued that the Elastic Clause gave Congress the power to establish a National Bank to hold the money. It allows Congress to pass laws that are needed as time changes.
What provided most of the money raised by the continental congress for the revolution?
the printing of paper money by Congress and the states
What did Congress pass in 1862 that created a national currency and allowed the government to issue paper money?
legal tender act
What did the congress pass in 1862 That created a national currency and allowed the government to issue papper money?
legal tender act
When you buy U.S. government savings bond your doing so under the power given to the congress to?
The power that is given to congress is the ability to borrow money.
What four actions did congress take as it began to govern the colonies?
Authorized printing of money and set up a post office, Established committees, and most importantly, Congress created the Continental Army.
