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Alan Zemek

Common Currency: Economy calls for a 'deal or no deal' perspective 'deal or no deal

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"The Congress shall have power to borrow money on the credit of the United States." -Article I, Section 8-2, Constitution of the United States."

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The very first power granted to Congress is the power to tax. The very next power granted to Congress is the power to borrow money. Tax and spend is the essence of government, and we have been arguing about it ever since. We should at least know what we are arguing about.

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