Powers of Congress Chapter 11

The Expressed Powers of Money and Commerce Section 1 The Expressed Powers of Money and Commerce

Powers of Congress Delegated Powers Expressed Powers Implied Powers Inherent Powers Congresses power may seem vast, but it has very real limits on it. expressed limits, inherent limits

Expressed Powers: Money and Commerce There are 27 powers given to Congress in the U.S. Constitution. Article 1; Section 8 Throughout history, Congress and the Supreme Court have interpreted these powers in many ways. The majority of the implied powers that Congress exercises today are derived from the commerce clause and the powers of taxation.

The Commerce Power Power of Congress to regulate interstate and foreign trade. Power to regulate commerce has been much of the reason for the economic success of the U.S. First upheld in Gibbons v. Ogden (1824) Limits Must not violate the Constitution.

The Power to Tax Lack of power to tax led to failure of the Articles of Confederation. Money raised by the government to meet a public need. Limits Must not violate the Constitution.

The Borrowing Power Congress places a statutory limit on the amount of debt the government can take on. For decades, the Federal Government has practiced deficit financing. Only 11 of the last 82 years has the Federal Gov’t not spent more than they took in. 1998-2002

Bankruptcy and Currency Congress makes laws regulating bankruptcies in the United States. Congress has the power to coin and regulate a national currency.