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What was the biggest issue when George Washington was the president of the US?
huge debt.
Who was the only president other than George Washington to have America completely out of debt?
andrew jackson
What was the biggest problem facing Washington when he first became president?
The war had created a problems with a debt from the cost of the war.
What was the first problem facing US President George Washington?
US President George Washington understood that the main problem facing the new USA was that the government was almost bankrupt. The Revolutionary war had placed the new nation in serious debt as it first began.
What was one of the new government's main problems when George Washington became President and how did Alexander Hamiltion plan to solve this problem?
One of the main problems facing the new government when George Washington became President was the large war debt from the American Revolution. Alexander Hamilton's plan to solve this problem was to establish a national bank to manage the country's finances and assume the states' debts. This would help stabilize the economy, establish the credit of the United States, and create a strong centralized government.
Who was President when Alexander Hamilton managed the Federal government's revenue?
George Washington was President when Alexander Hamilton served as Secretary of the Treasury, managing the federal government's revenue and also its enormous War debt.
How did George Washington get the US out of debt?
by keepin it real
What has the author George Washington Woodward written?
George Washington Woodward has written: 'Speech of Hon. George W. Woodward, of Pennsylvania, on the debt and currency of the country' -- subject(s): Public Debts
How much was the debt before gwb became president?
The national debt was about $5.77 trillion when GWB took office in 2001.
How much debt did the U.S. have when George Washington first took office?
The U.S. had a debt of around $75 million when George Washington first took office in 1789. This was primarily the result of borrowing to finance the American Revolutionary War.
What did George Washington worry about in the new republic?
Because after the Revolutionary war, the economy was horrible from being in debt from France.
Why the whiskey rebellion occurred?
The whiskey rebellion happened because George Washington had a national debt and taxed people on the whiskey to pay the debt.
