Mark posted the link to this article on the MeetUp.com site in the discussion forum. I thought this was one of the best articles I've read on the topic in a long time. I highly recommend that everyone read this article and do their best to commit it to memory. Please post any comments below. Enjoy!
Congress: A Wealth-Eating Virus
Originally posted on 04 August 2009
by Bob Greenslade
With the nation in the midst of an economic crisis, many groups and individuals are questioning the massive spending and so-called economic stimulus bills recently passed by Congress. This includes bailouts and appropriations known as earmarks and pork-barrel spending. Since the constitutionality of federal spending is never part of the debate, we need to re-visit Congress’ power to tax and spend.
The Taxing and Spending Clause
Congress’ power to tax and spend is found in Article I, Section 8, Clause 1 of the Constitution for the United States of America. This Clause grants Congress the power:
“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.”
Click on the following link for the rest of the article:
http://www.tenthamendmentcenter.com/2009/08/04/congress-a-wealth-eating-virus/
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