[Congressional Record Volume 161, Number 18 (Tuesday, February 3, 2015)]
[House]
[Page H757]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. McCLINTOCK:
       H.R. 692.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article 1, Section 8, Clauses 1 and 2 of the United States 
     Constitution, which confer on Congress the power to collect 
     and manage revenue for the payment of debts owed by the 
     United States and to borrow money on the credit of the United 
     States.
       Article 1, Section 8, Clauses 1 and 2 United States 
     Constitution:
       ``The Congress shall have the power to lay and collect 
     taxes, duties, imports and excises, to pay the debts and 
     provide for the common defense and general welfare of the 
     United States; but all duties, imports and excises shall be 
     uniform throughout the United States;
       To borrow money on credit of the United States;''