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  • 20-09-2020
  • History
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Describe the controversy over debt after the american revolutionary war

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seharrafiq
seharrafiq seharrafiq
  • 20-09-2020

Answer:

To help raise money, federal bonds were issued by the Government. 1775 - Paying for the American Revolutionary War was the start of the country's debt. ... 1783 - The U.S. debt totaled $43 million. Congress was given the power to raise taxes to cover the Government's costs.

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