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19 October, 08:45

When u buy a u. s government savings bond, your doing so under the power given to congress to ...

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  1. 19 October, 09:08
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    When a person buys US Government savings bond, he or she is doing so under the powers given to congress to borrow money. By buying a government bond, the person is actually lending money to the government. The government of US already has the power to levy taxes, regulate business without the need for any bonds. So it is a fact that buying a bond will never increase the power of the government. The people are lending money to the government as an entity.
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