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View Full Interview. The Legislative Branch is the only part of the government that can  authorize the borrowing of money. The Executive Branch can request  the money be borrowed but cannot authâ¦orize it. Avid political scientist with a strong focus on US History, including the political & military aspects of the US Civil War.
Trinidad 'won't borrow money' even if oil prices fall. PORT OF SPAIN, Trinidad (Trinidad Express) - The Government will not resort to borrowing money if the budgeted price of oil falls below US$80, Finance Minister Larry Howai has said. The minister was responding to e-mailed questions from the Express last week as crude oil prices continued a sudden plunge on global markets that has caused governments around the world to brace for potential budget shortfalls.