3 ms·
It's ok that congress has that authority, however it should be implied that when they grant spending authority that the treasury may raise money to pay for what
by dpkirchner 4y ago
It's ok that congress has that authority, however it should be implied that when they grant spending authority that the treasury may raise money to pay for what Congress granted.
- neilwilson 4y agoMoney isn't raised. It just appears as a function of the way banks account for transactions. That's the key misunderstanding here. There are no silver coins, just a bunch of promises.