1. Powers of the Federal Government Under the U.S. Constitution
Taxes, Duties, Imposts and Excises (taxes on commerce and imports) – same throughout the US
Coin money and regulate its value, prosecute counterfeiting, establish bankruptcy law
Regulation of international and interstate commerce
Pay debts and borrow money
This is what gives us a national economic system instead of separate state economies

2. Powers of the Federal Government Under the U.S. Constitution
Provide for the common defense and the general welfare
National army and navy with President as Commander-in-Chief
Call forth militia for national defense as necessary
Treaties, negotiations with other countries
This is what gives us a national foreign and military policy instead of separate state policies

3. “The General Welfare” Well-being of society as a whole
Congress has the power “To make all laws which shall be necessary and proper for carrying into execution the foregoing powers”
The national government essentially gets to decide the extent of its own powers
Checked and balanced among legislative, executive and judicial branches, and between national and state governments