he made major cuts to the army and navy and streamlined the government bureaucracy.
Jeffferson and Gallatin aimed to reduce the national debt that the federalist had left. They scaled down military expenses by cutting the army by one-third and reducing the navy from 25 to 7 ships. By slashing spending, Jefferson and Gallatin significantly lowered the national debt within a few years.
yes, he reduced the national debt by over 25%
he made major cuts to the army and navy and streamlined the government bureaucracy.
Jefferson planned to reduce the national debt buy cutting off the navy and anything else warlike or unnecessary
by cutting off the navy and other warlike things also anything that was not used at all
Thomas Jefferson attempted to decrease the public debt by taxing whiskey. There was also a tax on tea and cause some farmers to revolt.
he made very large cuts in the army and slightly smaller cuts in the navy.
Type your answer here... He created new debts to pay off the old ones.
Jefferson wanted to pay off debts; Hamilton did not.
Funding and Assumption. He wanted a National Bank to assume the nations debt
There are many ways one can reduce tax debt. One can reduce their tax debt by hiring a tax professional, re-checking tax returns, and choosing a debt plan.
It is possibly this answer... eliminating the national debt, thereby reducing the need for taxes.
by selling government bonds to fund the debt
Hamilton wanted to create a national bank, use manufacturing to fund the national debt.
He wanted to relieve the country of national debt, which is where the Economic Plan came out. He wanted to create a national bank, place high tariffs to reduce debt, and fund at "par" on government spending to prevent further debt.
Hamilton's plan to pay off the national debt had three parts. The first was to pay off all war debt, next was to raise government revenue and last to create a national bank.
by selling government bonds to fund the debt
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
to take over man kind