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Q: What does it mean to borrow money on the credit of the US?
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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.


Which president went to the Netherlands to borrow money for the US?

John Adams, just after the Revolution was sent to Europe to establish credit for the new nation.


Condgress can borrow money by sellings US savings bonds?

congress can borrow money from the saving bonds


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.


How does congress borrow money from the people of the US?

through taxes


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.


Why did the US borrow money from china?

Because the people in power are stupid.


What is the cost of borrowing for large us corporations?

When corporations borrow money they usually borrow from investors. When they do this, they are selling pieces of their business.


What country does the US mostly borrow money from?

The people within it's country


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


Can Australian citizen borrow money from offshore bank like Japan or US?

Some banks allow Australians to borrow money. It is in your best interest to find a bank with an international presence.


Can you borrow ten thousand dollars?

If I understand correctly, you want one of us to lend you money. I will certainly not "borrow" money to a completely unknown person. I hope nobody else will, either.