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want to break it down, it will determine the state of our economy in weeks and months and years ahead. first we need to look at the constitution. let's take a look. who is responsible for spending and borrowing? raising taxes, is it the president? obviously not, article i section 8: >> the first part of that. it is not a suggestion. it is not ambiguous this say choir power that legislature has, when you look at history, back to britain and the parliament with the king. this was something that the framers of your constitution looked at, they wanted this power not to be with the king o...

want to break it down, it will determine the state of our economy in weeks and months and years ahead. first we need to look at the constitution. let's take a look. who is responsible for spending and borrowing? raising taxes, is it the president? obviously not, article i section 8: >> the first part of that. it is not a suggestion. it is not a ambiguous this say choir power that legislature has, when you look at history, back to britain and the parliament with the king. this was something that the framers of your constitution looked at, they wanted this power not to be with the king...