Hamilton's policy about the federal government exposed what?
Answers
Answered by
2
Answer:
In the first two, Reports on the Public Credit, which he submitted on January 14, 1790, and December 13, 1790, he urged the funding of the national debt at full value, the assumption in full by the federal government of debts incurred by the states during the Revolution, and a system of taxation to pay for the assumed......
Answered by
4
Answer:
As Treasury Secretary, Alexander Hamilton designed a financial system that made the United States the best credit risk in the western world. Hamilton proposed that the government assume the entire debt of the federal government and the states. His plan was to borrow new money at a lower interest rate.
Similar questions