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Q: Why did the new US have trouble paying its debts?
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Why did the new US government have trouble paying its bills?

because the state never gave enough money for taxes.


Why did the new us have trouble paying its war debts after the revolutionary war?

They were in debt from France. France supplied the US with guns and fighting ships. We owed them money. Massachutsets was the only coloniy to try to pay them back.


What is the best debt settlement company in US?

A non-profit that does not charge you fees for its service and which has a perfect track record of paying your debts on time.


Is the US economically interdependent on the rest of the world?

Yes. We are in debts way over our heads...in the trillions. The United States has to be or we would be in a lot of trouble.


Who is responsible to pay back all depts?

The debts of the US Federal government is responsible for paying all of its debts. This can be done by raising taxes, passing tariff acts and reducing government spending to not allow the debt to enlarge.


Who is responsible to pay back all U.S depts?

The debts of the US Federal government is responsible for paying all of its debts. This can be done by raising taxes, passing tariff acts and reducing government spending to not allow the debt to enlarge.


What is the payment of debts clause in the supremacy clause?

In Article VI section 2 the Constitution states that all debts that are owed by the US before the Constitution is enacted are also owed by the US. Meaning that the US isn't going to blow off their old debts because of the beginning of a new nation.


What were the main reasons why Europeans came to the US?

Freedom of religion, free land, escape from debts, new opportunities, and adventure were some of the reasons for Europeans to come to the US.


How does the Federal Reserve System controls the fiscal policy of the US?

The fiscal agents of the U.S Treasury is the federal reserve system. They control and monitor the amount of money the private bank has at disposal for paying debts and lending out.


How does the federal reserve system control the fiscal policy of the US?

The fiscal agents of the U.S Treasury is the federal reserve system. They control and monitor the amount of money the private bank has at disposal for paying debts and lending out.


Where can one find advice about repaying loan debts in the US?

There are many places where one can find advice about repaying loan debts in the US. One can find advice about repaying loan debts in the US at popular on the web sources such as Forbes and Consumer Finance.


Is us currency legal tender for all debts?

Yes, in the US.