Give three examples of laws that congress can enact under the constitution and three examples of laws that congress cannot enact. Explain this sentence: Historically there has been a consensus in this country with regard to a broad rather than a narrow interpretation of the constitution. Explain why these two seemingly contradictory statements are both true: (a) Most Americans agree with a broad reading of the constitution. (b) The issue of the extent of the federal government’s power is hotly debated today. The Expressed Powers of Money and Commerce Objectives: Summarize key points regarding congress’s power to tax. Describe how congress uses its power to borrow money. Analyze the importance of Congress’s commerce Identify the reasons that the framers gave congress the power to issue currency. Explain how the bankruptcy power works. Explain the significance of Gibbons v. Ogden. Terms: Direct tax Indirect tax Deficit financing Public debt
Give three examples of laws that congress can enact under the constitution and three examples of laws that congress cannot enact. Explain this sentence: Historically there has been a consensus in this country with regard to a broad rather than a narrow interpretation of the constitution. Explain why these two seemingly contradictory statements are both true: (a) Most Americans agree with a broad reading of the constitution. (b) The issue of the extent of the federal government’s power is hotly debated today. The Expressed Powers of Money and Commerce Objectives: Summarize key points regarding congress’s power to tax. Describe how congress uses its power to borrow money. Analyze the importance of Congress’s commerce Identify the reasons that the framers gave congress the power to issue currency. Explain how the bankruptcy power works. Explain the significance of Gibbons v. Ogden. Terms: Direct tax Indirect tax Deficit financing Public debt
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