Here is a good summary of the issues at stake as our Congress and our President battle over the partial government shutdown and raising debt ceiling.
As our President and Congress war in Washington D.C., we can easily lose focus on the fundamental issues. “Human interest” stories abound. Instead of focusing what the President and his party and the House Republicans seek to gain, we can worry ourselves over the closing of our national parks or the closing of the National Institutes of Health, but the central issue is where the power resides.
Congress’s power is the legislative power, the power of the purse.
A legislature is a kind of deliberative assembly with the power to pass, amend, and repeal laws. The law created by a legislature is called legislation or statutory law. In addition to enacting sup laws, legislatures usually have exclusive authority to raise or lower taxes and adopt the budget and other money bills (bold added). (from here)
This legislative power is the keystone of our republic. The recognition of its importance goes all the way back…
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