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How much money does the US government spend on African Americans annually?
almost 3 mil.
What type of money did they have in the 1900s?
the money they had were shillings and fathers to spend on clothes
How much money did the confederacy spend in the civil war?
they spent a little over 300,000 confrederacy money
What is federal highway funding?
Funds for federal highway construction. Each state is allocated certain $$ amounts to spend on highway construction ... the states then allocate it further to local government as they deem necessary.
Why is it important for only Congress to print and coin money?
People are constantly asking the government to spend more money on them, in the form of welfare, social security, etc, without raising the taxes. The best means of doing so is to create inflation. Economists have noted that the highest increase of inflation can be about 5% before the public catches on a panics. In the US, the inflation rate is about 2.5%. One other issue the government has to take into consideration is the debt. To pay off the ever-increasing debt, congress coins that money.
