the executive branch
The legislative Branch can borow money on the credit of the u.s.
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Yes the power to borrow money on credit is a power granted for congress through article 8 of the constitution.
Congress has the power to borrow money on behalf of the U.S.
Note that it states on behalf of the US NOT the American people.
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The United States can borrow money according to Article One, Section One, Clause Two of the U.S. Constitution.
borrow money
The Senate has the right of ratification.
There could be thousands of reasons people borrow money. To buy a car, a home, to take a vacation, there are too many reasons why people borrow money to list here. Hopefully you got the jest of this answer. There a numerous reasons for the borrowing of money but common ones are; home loans, purchasing of cars, insurance, purchssing of business companies etc. People borrow money in generall because they either cant afford something or they have no money in cash, so they borrow from the bank, the disadvantage however is that you have to pay it back, and what people don't realise is that the bank adds interest to the overall payment if you pay it over a period of time which is not in the month requested by the bank.
The power to coin money is an expressed power. This is a power that is provided to Congress in Article 1, Section 8 of the US Constitution.