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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...".
Congress raises money by taxes and tariffs. However, they also can raise money by the sale of public land and by the sale of war bonds.
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Where does Congress get money for a raise?
. . . the American tax-payer .
To raise money the confederation congress?
Sold land west of the Appalachians
Who has the power to collect money raise armies collect taxes?
congress
Who has the power to coin money raise armies and collect taxes?
congress
Why did congress have trouble paying it's debt?
Congress could not raise this money because it was not allowed to tax.
What are some ways the congress tried to raise money for the revolution?
ask the gov they are the only one who has money back then
Which was NOT a method used by the Continental Congress to raise money?
they placed a tariff on british imports.
What two measures diD the second continental congress agree on?
To raise money and to create an army
How can Congress raise money besides taxing?
They had to ask the states for money. Which didn't go over well with any of the states.
How did the articles of confederationorgnize the nation government to address the fears of the people and of the states?
Congress did not have any money and it did not have the power to raise money.
Why should Obama raise the debt ceiling?
The president does not have the power to raise the debt ceiling . He has no power to borrow money and not really any power over spending-- only the Congress can do that. The president can only spend money that Congress has appropriated to be spent, although Presidents have been known to withhold funds that Congress has already appropriated.
What houses is the only house to introduce bills to raise money?
House of Representatives is the only house to introduce bills to raise money.
