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What branch of government can borrow money?
The Executive Branch
What branch can borrow money?
The Legislative Branch is the only part of the government that can authorize the borrowing of money. The Executive Branch can request the money be borrowed but cannot authorize it.
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.
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.
5 powers articles of confederation gave the national government?
- To coin money - Taxation - Credit to borrow money - To declare war - Post office & roads
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 does a company need to do to borrow money?
Capital or credit.
Can states borrow money?
yes. states can borrow money from citizens through government bonds
Is good credit required to get a quitclaim deed transfer?
You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.
Are there any other agencies aside from banks that I can borrow money from?
Besides a bank, you can borrow money from a credit union. However, you must be a member of a credit union you borrow from. A bank will lend to anyone who walks off the street.
Which branch of government can coin money?
The branch of the government that can coin money is the Legislative branch, which is Congress.
Does congress have the power 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.
