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How did Hamilton propose we handle the $54 million the federal government owed?

User Huacanacha
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Answer:

He proposed that the government assume the entire debt of the federal government and the states. His plan was to retire the old depreciated obligations by borrowing new money at a lower interest rate.

Explanation:

User JoshuaTree
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6 votes

Answer: by paying off both federal and state debts.

User Moink
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