Asked in Andrew Jackson
Andrew Jackson pay national debt?
March 21, 2010 1:40PM
Yes. The national debt was entirely paid off towards the end of his Presidency.
His government eliminated the National Debt for the first time. The did a great deal of belt-tightening and elimination of corruption by public officials. Mostly though, they benefited by the massive migration to the West, and consequent profits from the sale of public lands.
He greatly slowed the rate of Federal involvement in internal improvements.