The United States had borrowed a lot of money to fight the Revolutionary War. But under the Articles of Confederation the government did not have the power to raise money to pay the debt.
When the Constitution created the new government, some people thought the debt should not be paid, since it was the old government that borrowed the money.
Who thought it was important to pay off the government debt so that America would be trusted and respected by other nations?
Question 5 options:
A)
James Madison
B)
Alexander Hamilton
C)
Thomas Jefferson