Related Citations

  • Akhil Reed Amar, America’s Constitution: A Biography 107 (2012).

    Noting that the power to borrow on the credit of the United States contemplated the possible need to finance future wars.

  • Randy E. Barnett, Restoring the Lost Constitution: The Presumption of Liberty 277–322 (1st ed. 2004).

    Noting Madison’s argument that to justify federal incorporation of a bank on the basis of the borrowing power would impermissibly attenuate the ends of enumerated power from the means used to achieve them.

  • Donald Stabile, The Origins Of American Public Finance: Debates Over Money, Debt, And Taxes In The Constitutional Era, 1776–1836 (1998).

    Discussing the origins of the constitutional provisions undergirding public finance, including the Borrowing Clause.

  • Ondrea D. Riley, Annual Federal Deficit Spending: Sending the Judiciary to the Rescue, 34 Santa Clara L. Rev. 577 (1994).

    Contending that “[t]he Framers of the United States Constitution abhorred the idea that an immediate reduction of the debt was not in sight and insisted that the debt be reduced as soon as possible” and arguing that “[e]ven if the Constitution relegates the power to spend and borrow to the Congress, if there is a usurpation of a Constitutional power beyond what was envisioned by our founding fathers, the judiciary must intervene.”