POLI 100E, Interest Group Politics: Topic 2, Why are there so Many Interest Groups?

The Constitutional Basis of the Public Debt

1. Article I, Section 7, Paragraph 1:
   All Bills for raising Revenue shall originate in the
   House of Representatives...
   
   
2. Article I, Section 8, Paragraph 1:
   The Congress shall have Power To Lay and collect Taxes,
   Duties, Imposts and Excises, to pay the Debts
   and provide for the common Defence and general Welfare
   of the United States; but all Duties, Imposts and Excises
   shall be uniform throughout the United States
   
   
3. Article I, Section 8, Paragraph 2:
   [The Congress shall have Power] To borrow Money on the
   credit of the United States
   
   
4. Article I, Section 9, Paragraph 7:
   No Money shall be drawn from the Treasury, but in
   Consequence of Appropriations made by Law; and
   a regular Statement and Account of the Receipts and
   Expenditures of all public Money shall be published
   from time to time