When you study the following chart you will see the numbers that show that the Federal Government has $22 trillion of debt and $152 trillion in assets, You will see that the Federal Government collected $3.4 trillion in taxes and paid $3.1 trillion in interest of the National Debt.

If Congress issued our money we would not need to borrow it from the Federal Reserve and would not have an obligation of pay interest or collect taxes from the people .  U.S. Debt Clock

Initially our money was backed by gold and silver, but today our money is backed by . Money is created when people take out loans they back the loan with their promise to repay the amount borrowed.  They secure the loan by pledging their future earnings as collateral.

The Federal Reserve Notes we use are actually IOUs and in order to buy something we must trade our IOUs in exchange for the goods and services we want to acquire.

The money created to fund a mortgage is backed by the borrower's  promise to pay back the loan. The bankers  the amount of the loan out of thin air and charge the borrow interest to repay a loan that was created by the borrower's promise to repay the loan.

Banks charge interest when they create loans, which creates debt and in order for governments tax the people in order to pay the interest on the debt.

If Congress took over the issuance of our money, it would not need to  and there would be no debt and no necessity for the government to tax the people.