ABSTRACT
The authors of the Constitution clearly intended Congress to be the branch of government most concerned with the economic affairs of the nation. Article I, section 8, of the Constitution grants Congress numerous economic powers, including the authority to
lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States...; borrow money on the credit of the United States,..; regulate commerce with foreign nations, and among the several states ...; and coin money, regulate the value thereof, and of foreign coin....
