Borrowing Power

Borrowing Power – Article I Section 8, Clause 2 of the Constitution

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 Constitution of the United States, Article. I. Section. 8. Powers of Congress

The United States Constitution Article. I. (The Legislative Branch) Section. 8. (Powers of Congress) (Clause 1 – Power to tax and spend) 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 … Read more