Question

Laws for raising money for the federal government are called

Answer 1

Laws for raising money for the federal government are called tax legislation, with the power to tax being a significant constitutional authority given to Congress, managed through the Internal Revenue Service (IRS).

Step-by-step explanation:

Laws for raising money for the federal government are known as tax legislation. The Constitution empowers the federal government to raise revenue through various means such as taxes, tariffs, and issuing bonds. One of the most significant powers outlined in the Constitution is the power to set taxes as well as the Sixteenth Amendment, which authorized Congress to implement a national income tax. This ability to levy taxes supports the federal budget, which in turn funds services and programs like Social Security, Medicare, and defense.

Revenue is collected by the Internal Revenue Service (IRS) and managed by Congress, which holds the power of the purse. Furthermore, federal campaign finance laws, such as the Federal Election Campaign Act (FECA) and the establishment of the Federal Election Commission (FEC), were enacted to regulate and promote transparency in campaign funding. The ability to appropriate funds grants Congress significant influence over the executive branch, as all federal spending must be approved by Congress.

Answer 2

I think

Step-by-step explanation:

The Origination Clause, sometimes called the Revenue Clause, is Article I, Section 7, Clause 1 of the United States Constitution. This clause says that all bills for raising revenue must start in the House of Representatives, but the Senate may propose or concur with amendments as in the case of other