100k views
0 votes
How did Alexander Hamilton plan to handle the national debt?

User Rakex
by
7.3k points

2 Answers

7 votes
After the Revolutionary War, America was in heavy debt, and Hamilton believed if federal taxes were collected through the national bank, America could pay off it's debts.
User Luko
by
8.2k points
2 votes
Alexander Hamilton planned to pay off the national debt of the US by selling government bonds. 
User Pooja K Bhatt
by
7.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.