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pashok25 [27]
3 years ago
9

How does Congress handle the finances of the United States?

Social Studies
1 answer:
Stella [2.4K]3 years ago
8 0

Answer: The Committee is concerned in general with issues related to taxes and other income controls and those related to insular property; U.S. bonded debt; customs, collection districts and ports of entry and delivery; deposit of public funds; general income sharing; health services under the oversight of the Committee.

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Hi, There!

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Implied powers are political powers that are not explicitly explained in the United States Constitution but are granted to the government. The term was widely used in Ireland around the mid 1780s, meaning it is highly possible that the United States was not the first nation making use of such power. It came into play in America in the creation of the First Bank of the United States. This bank would be in charge of the war debt of the American Revolution and would standardize the currency of the recently independent nation.

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