No it's expressed power
The power that is given to congress is the ability to borrow money.
Yes, Congress has the power to borrow money on behalf of the United States government. This authority is outlined in the U.S. Constitution, which grants Congress the ability to borrow money to pay the debts and provide for the common defense and general welfare of the country.
it is the department of treasury
Concurrent powers give the power to borrow money.
coining money
constitutionally limited
the executive branch The legislative Branch can borow money on the credit of the u.s.
Because the people in power are stupid.
it is the department of treasury
In the US government, the power of coining money is delegated or expressed.
To borrow money is a concurrent power. This means that the power is shared by both the State and the federal government, and is exercised simultaneously.
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