Congress has the right and power to Coin money, declare war, to raise and support armies, lay and collect taxes, borrow money, impeach a president, and many other things.
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It would be impossible to list "implied powers," as they're flexible and designed to fit circumstances as they arise. Implied Powers are those not enumerated by the Constitution (but not prohibited by it, either), but necessary to carry out government functions and responsibilities that arespecifically mentioned.
The Constitution of the United States, in Article 1, gives the Congress the authority to make laws, but this power is not "unlimited". The Constitution, in Article 1 Section 8, grants the Congress 18 "enumerated powers"; beyond these, the Congress is not authorized to make laws. Additionally, the Bill of Rights has a list of specific restrictions that limit the power of Congress and the Federal government.
The most important power in the constitution is the taxing and spending power given to Congress. Other important powers include the president's appointment and veto powers, Congress' foreign affairs and spending powers.
Article 1, Section 8 lists the expressed powers of Congress.
Article I, section 8 is called the elastic clause because it stretches Congresses Constitutional authority. The relevant portions of Article I, section 8 read as follows: Section. 8. The Congress shall have Power ... To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof. This portion of Article I section 8, also known as the elastic clause, also known as the necessary and proper clause, empowers Congress to make the laws which would be necessary for it, or for any other branch of government, to carry out the powers granted to that respective branch. The Constitution was written in broad terms and it was not possible to consider every eventuality. However, the drafters did not want that fact to hamper the ability of any of the branches of government from performing their respective duties. Nor did the drafters want any of the branches of government to simply presume that they were empowered to do anything that was necessary to perform their respective duties as this would have undermined the very concept of enumerated powers.