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Give 2 examples of the Expressed Powers Congress is granted regarding the use of MONEY

User Oodesigner
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Two examples of the Expressed Powers Congress is granted regarding the use of MONEY include the power to "lay and collect Taxes" (Article I, Section 8) and the power to "coin Money and regulate the Value thereof" (Article I, Section 8).

Step-by-step explanation:

The Constitution grants Congress several Expressed Powers related to the use of money, empowering the federal government to manage its finances effectively. One key example is the power to "lay and collect Taxes" (Article I, Section 8). This power allows Congress to impose taxes on various forms of income, goods, and services, providing a primary source of revenue for funding government activities. Taxes are a crucial tool for Congress to raise funds to meet the financial needs of the federal government, including supporting public services, infrastructure, and national defense.

Another important Expressed Power related to money is the authority to "coin Money and regulate the Value thereof" (Article I, Section 8). This power enables Congress to control the nation's currency and manage its monetary system. Congress has the authority to mint coins, print currency, and establish the standards for the value of money. By regulating the currency, Congress can stabilize the economy, control inflation, and ensure the smooth functioning of financial transactions within the United States.

In summary, these Expressed Powers empower Congress to wield authority over the nation's finances. The power to levy taxes and regulate the monetary system allows Congress to fund government operations, shape economic policy, and maintain the stability of the national currency. These powers are fundamental to the fiscal and economic responsibilities entrusted to the federal government by the Constitution.

User Sarema
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