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Fiscal Responsibility

Constitutional Powers & DutiesTaxing & Spending Clause (Article I, Section 8): Grants Congress the power to collect taxes, pay federal debts, and provide for the common defense and general welfare.

Appropriations Clause (Article I, Section 9): Stipulates that no money can be drawn from the Treasury without an appropriation passed by law. This prevents the executive branch from spending unapproved funds.

Statement & Accounts Clause (Article I, Section 9): Requires a regular, published account of all public receipts and expenditures.

The Public Debt Clause (14th Amendment, Section 4): Ensures the validity of the public debt authorized by law, requiring the U.S. to pay its financial obligations.
 
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