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Answer:
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Explanation:
Upon his election as the President of the United States of America in 1800, Thomas Jefferson selected Albert Gallatin as the Secretary of the Treasury.
he Jefferson administration had two main objectives in 1801:
1) Reduce the national debt
2) Reduce direct taxes
In 1801, the United States was more than $80 million in national debt.
The Jefferson administration took advantage of two sources to reduce national debt: capital gained through the sale of public land, and revenue brought in through custom duties (import taxes).
Furthermore, Jefferson lowered military spending, and reduced the US Army and Navy. He got rid of domestic taxes, and maintained the bank!
Reserved powers are the powers that are not explicitly stated in a governing document but are implied powers because of other powers which are granted to the government. The creation of an education system or state identification systems are examples of reserved powers.
