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How did the government raise money during Revolutionary United States

1 answer:

amm18123 years ago

4 0

The U.S. debt in 1783 totaled $43 million. That year, Congress was given the power to raise taxes to cover the Government's costs. ... 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

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