brandon11191975 brandon11191975
  • 11-12-2020
  • History
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To whom couldn't the congress pay their debts to?

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jjmoon77 jjmoon77
  • 11-12-2020
Other than the taxes that the states were supposed to supply, Congress had no independent source of revenue with which to repay its creditors. Because many individual states had their own debts from the war, they were typically more inclined to pay those first before contributing to repayment of the national debt.
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