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Condgress can borrow money by sellings US savings bonds?
congress can borrow money from the saving bonds
Who has the power to borrow money on behalf of the US?
the executive branch The legislative Branch can borow money on the credit of the u.s.
When you buy a US Savings Bond you are doing so under the power given to congress to A regulate commerce B levy taxes C print and coin money D borrow money?
BORROW MONEY
Why did the US borrow money from china?
Because the people in power are stupid.
What country does the US mostly borrow money from?
The people within it's country
What four power does the constitution give to the legislative branch?
Elastic clause money borrow money and tax, the government has money to give to us, borrow money which we are currently doing it china, and elastic Clause which is the statement that grants the congress the power to pass all laws
What right does the final enumerated power give the US congress?
The power to levy taxes, to borrow money,to regulate commerce,to join coin money,and to punish counterfeiting.
What article holds the power of the congress?
Article I, Section 8 of the US Constitution establishes the powers held by Congress. These powers include being able to lay and collect taxes, borrow money on credit, and to coin money.
According to article 1 section 1 Clause 2 of the US Constitution the US can do which of these?
The United States can borrow money according to Article One, Section One, Clause Two of the U.S. Constitution.
Who decides how much money the government has to borrow?
Nobody decides how much money the government has to borrow. When the government wants to borrow money it has to issue or create debt with the US Treasury.
Did George W. Bush borrow from social security?
No president can borrow from social security or any other gocvernment agency. Social security is controlled by the US Congress. Congress has made a long-time practice of borrowing all the money collected from social security taxes ( FICA) and spending it in the general fund. The social security fund consists entirely of "IOUs "( bonds) from the US treasury.
Did George W. Bush borrow social security?
No president can borrow from social security or any other gocvernment agency. Social security is controlled by the US Congress. Congress has made a long-time practice of borrowing all the money collected from social security taxes ( FICA) and spending it in the general fund. The social security fund consists entirely of "IOUs "( bonds) from the US treasury.
