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The total financial obligations of a national government.

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Q: What caused the national debt in1787?
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US debt caused by presidents from 1980 to now equals national debt total now?

No.


What problems were caused by the national debt the United States had at the end of the American revolution?

The biggest problem that was caused by the national debt of the United States of America at the end of the American Revolution was the need to create a tax system. The national debt, at that time, was mainly financed by the country of France.


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What was the national debt in 2003?


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A huge National debt, an unfair tax code and the lack of proportional representation.


When did the US first incur the national debt?

The first incur of the national debt was predominantly when the US first began as a country, the expense of the American revolution was somewhat around 75.4 million dollars. Over time, due to expansion and purchase by the nation this caused more debt to accumulate and fluctuate.


What is a sentence for the word national debt?

The national debt of this country is ridiculous.