answersLogoWhite

0

Who has the power to borrow money?

Updated: 8/16/2019
User Avatar

Wiki User

11y ago

Best Answer

everyone? if you mean in government the president can ask for loans from other countries

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who has the power to borrow money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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.


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.


Is power to borrow money an implied power?

No it's expressed power


What is the borrowing power of the president?

Concurrent powers give the power to borrow money.


The power of the federal government to borrow money is?

constitutionally limited


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 body has the power to raise borrow and coin money?

it is the department of treasury


Why did the US borrow money from china?

Because the people in power are stupid.


Is borrowing money a delegated power?

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.


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


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


What right does the does the final enumerate power give congress?

The power to levy taxes, to borrow money,to regulate commerce,to join coin money,and to punish counterfeiting.