Question

Which of the following functions is performed by the entity mentioned in the given content?

1) Producing coins and bills
2) Collecting taxes
3) Borrowing money and managing public debt
4) Enforcing alcohol, tobacco, and firearms law

Answer 1

Congress is responsible for collecting taxes and borrowing money and managing public debt per the U.S. Constitution, but not for producing coins and bills or enforcing specific laws. The correct option is 2.

Step-by-step explanation:

The functions performed by Congress as referenced in the given content include collecting taxes to pay for government services (option 2), borrowing money and managing public debt (option 3), and regulating the value of money.

Congress has the power to levy and collect taxes, borrow money, and coin money according to Article I, Section 8, of the U.S. Constitution.

While Congress does have the enumerated power to coin money, the actual production of coins and bills is a function of the U.S. Mint and Bureau of Engraving and Printing, which operate under the Department of the Treasury.

Enforcing alcohol, tobacco, and firearms laws is the responsibility of agencies like the Alcohol, Tobacco, Firearms, and Explosives (ATF), not Congress.

Therefore, the entity mentioned, Congress, is responsible for collecting taxes and borrowing money and managing public debt, but not for producing coins and bills or enforcing alcohol, tobacco, and firearms law. The correct option is 2.