slicklol slicklol
  • 17-03-2022
  • History
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How did America end up in national debt for the first time?

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livb729 livb729
  • 17-03-2022
The first time America ended up in national debt was through the revolutionary war debt. From paying for supplies and soldiers. When Alexander Hamilton introduced the National bank they were “officially” in “National” debt. Since previously it was state wide and technically not National wide/federal before.
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