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> how the executive should raise the money Only Congress can raise money through spending bills.
by landemva 3y ago
> how the executive should raise the money
Only Congress can raise money through spending bills.
- lazide 3y agoRaising money != spending it. Ideally they are a paired activity, but issuing debt can be done with no corresponding spending. And spending can be done with no corresponding (exactly) debt or taxes. And taxes are gathered by the executive, and the amount of taxes actually gathered is also independent of either body (as they’re a function of tax rules and executive effectiveness * economic activity, etc.).