What provision of the Constitution are you basing this theory on. Article I, Section 8, clause 2 expressly grants Congress the power to borrow money. The power to declare war is not found until clause 11 with such provisions as the power to regulate commerce, establish rules on natualization and bankruptcy, and establishing post offices, among others found in between the two clauses.

Your theory that the government can't "borrow money" but can "sell bonds" is internally contradictory. Selling a bond is the way that the government borrows money.

There is no provision in The Constitution requiring Congress to adopt a "budget" -- a plan for taxing and spending. Article I, Section 8, clause 1 merely tells Congress what it can spend money on (with some additional items like establishing and Army and Navy in later clauses). The requirement for a budget is purely a creature of statute.

sedj: I need a little help here. This is all I can find about debt. The highlighted line. Thanks

Article I, Section 8

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

To establish Post Offices and Post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations;

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings; And

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

Who started borrowing money from a communist country?

In answer to that I believe it happened during Reagan's time that China started investing in the U.S. A. However, realize that the borrowed money is treasury bills that I believe are sold as a public sale and anyone can buy them, and bonds which anyone can buy. It isn't a direct loan from China's treasury to ours. I am not sure on it being Reagan it could have been Sr. or Clinton.

You could say the exact same thing about Reagan and W. But, of course, you didn't. Hypocrite.

False on four separate accounts.

1) What most Faux News dittoheads refer to as the budget is a joint "budget" resolution adopted by Congress which sets rules for the congressional appropriation process. The budget resolution is not a law and is not binding on the President.

2) What the law requires of the President is that he submit a proposed budget each February, and the President has done so.

3) While the House and Senate have not been able to come to a consensus on a budget resolution for Fiscal Years 2011-13, there was a budget resolution passed by both houses for Fiscal Year 2010 (which is what allowed the corrections bill to the Affordable Care Act to avoid a filibuster in the Senate).

4) The debt ceiling is a relatively new concept. For most of US history, the passage of an appropriations bill was viewed as authorizing the issuance of bonds if necessary to cover the approriations. Returning to that tradition is not a blank credit card as Congress still needs to appropriate the money for discretionary spending and always has the ability to revise the rules governing mandatory spending programs.

Tmess, Your FALSE reply fails with the very first line .... you erroneously assume that my response is focused on a joint budget resolution which it is not ! Therefore, the rest of your post is irrelevant !

The laws require our country to HAVE a BUDGET, and it is the sworn responsibility of the President, as Chief Executive, to see to it that the laws of our country are carried out ! Obama has submitted half-a$$ed budget proposals that were SOOOOOO BAD .... he never got the first vote of support from his own damn party !!!!!!!

The House has passed budgets which were sent to the Senate, where Harry-a$$ Reid sat upon them ... probably under orders from Obama. Nothing was ever done .... no followup by the President, no real effort to see that the law was carried-out. But libs like you will quickly absolve the President from his FAILED LEADERSHIP, and create alibis for his lack of responsibility.

ALL Presidents before Obama have seen to it that a budget was passed and signed by the President as REQUIRED BY LAW !

Jim, the statute merely requires a budget resolution. I would strongly encourage you to actually read Title 5, Chapter 17A of the United States Code. It requires Congress to pass a concurrent budget resolution, and it also provides the rules governing appropriations and other fiscal matters (although those rules are of questionable legality since they establish rules of Congressional procedure and the Constitution expressly provides that each house can adopt its own rules of procedure) if no concurrent budget resolution is adopted.

No President has seen that a budget is passed since no President has the constitutional power to make congress do anything. As far as all presidents, there was not even a budget process before 1974. Thus, your "all" is Ford, Carter, Reagan, Bush, Clinton, and Bush. Even that is inaccurate, as there was no budget resolution for FY 1999 under Clinton, and for FY 2003, FY2005, and FY2007 under George W. Bush. Basically,over the past fifteen years, Congress has only passed nine eight budget resolutions -- failing three times when the Republicans controlled both houses, one time when the Democrats controlled both houses, and three times (out of three) when the two houses were controlled by different parties. Additionally, while the law provides for a specific date by which the budget resolution is supposed to be adopted, that date has only been met six times.