What branch of government has the power to borrow money?
What branch of government has the power to borrow money? Article I, Section 8 of the Constitution gives Congress the power “To borrow Money on the credit of the United States.” At first, Congress authorized each debt issuance, often for a specific purpose. Does the legislative branch have the power to borrow money? The Constitution … Continue reading What branch of government has the power to borrow money?
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