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Article I, Section 8 of the Constitution, which lists the various powers of Congress, begins: "The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States".

Section 8 also provides Congress with the powers to "To borrow money on the credit of the United States" and "To coin Money, regulate the Value thereof, and of foreign Coin...".

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