when you buy a us government saving bond youre doing so under the power given to congress to do what?

Answer 1

Buying a US bond is to help the country raise revenues to fund its projects for public services.

Answer 2

The Congress has the authorization to issue debt. Unfortunately, they have spent and issued far too much debt since the War of Northern Aggression and the United States is verging toward bankruptcy within the next two generations due to the $84 trillion in unfunded liabilities for entitlements (Social Security, Medicare, Medicaid, Medicaid RX).