The United States Constitution The Borrowing Clause is one of Congress’ enumerated powers found in the Constitution of the United States, Article. I. Section. 8., clause 2: (Clause 2 – Borrowing power) [The Congress shall have Power] To borrow Money on the credit of the United States; Deficits & Debts: Crash Course … Read more
The United States Constitution Also see “Amendment 16 (Sixteenth Amendment – Income Tax)“ The Taxing and Spending Clause is found in the Constitution of the United States, Article. I. Section. 8., clause 1: (Clause 1 – Power to tax and spend) [The Congress shall have Power] To lay and collect Taxes, Duties, Imposts and Excises, … Read more
The United States Constitution Article. I. (The Legislative Branch) Section. 9. (Limits on Congress) Note: Article I, section 9, of the Constitution was modified by amendment 16. The Migration or Importation of such Persons as any of the States now existing shall think proper to admit, shall not be prohibited by the Congress prior to … Read more