where must all laws dealing with money originate why
House of Representatives
title: United States Congress text: income taxes without apportionment among the several States, and without regard to any census or enumeration. The Constitution also grants Congress the exclusive power to appropriate funds, and this "power of the purse" is one of Congress's primary checks on the executive branch. Congress can borrow money on the credit of the United States, regulate commerce with foreign nations and among the states, and coin money. Generally, both the Senate and the House of Representatives have equal legislative authority, although only the House may originate revenue and appropriation bills. Congress has an important role in national defense, including the exclusive title: Origination Clause text: Origination Clause The Origination Clause, sometimes called the Revenue Clause, is Article I, Section 7, Clause 1 of the United States Constitution. This clause says that all bills for raising revenue must start in the House of Representatives, but the Senate may propose or concur with amendments as in the case of other bills. The Origination Clause stemmed from a British parliamentary practice that all money bills must have their first reading (and any other initial readings) in the House of Commons before being sent to the House of Lords. This practice was intended to ensure that the power of title: Origination Clause text: Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills. The federal Constitution was written in 1787 and adopted in 1789. Prior to 1787, several state constitutions followed British practice by providing that "money bills" must start in the more representative branch of the state legislature. Vesting the power of origination in the U.S. House of Representatives was part of the Great Compromise, in which the framers also agreed to allow equality in the Senate regardless of a state's population, while creating representation based on a State's population in title: Money bill text: 1(5) of the National Loans Act 1968. For this purpose, the expression "Public Bill" does not include any Bill for confirming a Provisional Order. Bradley and Ewing said that the statutory definition of Money Bill is "strictly interpreted". Most annual Finance Bills have not been certified to be Money Bills. While the United States of America is not a parliamentary democracy, the Origination Clause of the U.S. Constitution requires that all bills raising revenue originate in the House of Representatives, consistent with British constitutional practice; by convention, appropriation bills (bills that "spend" money) also originate in the House. Unlike in title: History of money text: states later developed the earliest system of economics as we think of it today, in terms of rules on debt, legal contracts and law codes relating to business practices and private property. Money was not only an emergence, it was a necessity. The Code of Hammurabi, the best-preserved ancient law code, was created c. 1760 BCE (middle chronology) in ancient Babylon. It was enacted by the sixth Babylonian king, Hammurabi. Earlier collections of laws include the code of Ur-Nammu, king of Ur (c. 2050 BCE), the Code of Eshnunna (c. 1930 BCE) and the code of Lipit-Ishtar of Isin (c.