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Why did congress lack the money it needed to pay off the governments war debt?
Congress lacked the money it needed to pay off the government's war debt because of an unbalanced budget. Congress can continue to pay for or extend a war without actually having the money to directly fund it.
Why did congress lack the money it needed to pay off the government's war debt?
Congress lacked the money it needed to pay off the government's war debt because of an unbalanced budget. Congress can continue to pay for or extend a war without actually having the money to directly fund it.
How come I have to pay for free grant money?
How come I have to pay for free grant money
What provided most of the money raised by the continental congress for the revolution?
the printing of paper money by Congress and the states
True or false When congress asked the states for money to pay national debts the states did what the congress said?
true
Why the author of the constitution gave the congress rather than the president to declare war?
The Congress, according to the original US Constitution, must come up with money to pay for a war; therefore, they declare war (at the President's suggestion).
Why was it necessary for the second continental Congress to print it's own money?
The second continental congress printed its own money to pay for guns, food, and uniforms for soldiers.
Where does the money to pay postal workers come from?
The money to pay postal workers come from the taxes collected by the government. This is part of the government expenditure.
Which type of money did the Confederation Congress use?
The Confederation Congress used gold and silver as their money. Paper was used as a promissory note to one day pay in gold and silver.
Where does money come from to pay incom taxes?
It comes out of the money you earn.
Who did congress ask to provide money to help pay for the revolution?
Congress received loans from France, which they weren't readily able to pay back, causing diplomatic tensions. In addition, they printed their own money, however, this resulted in high inflation levels.
Does congress have the power to borrow money?
Yes, Congress has the power to borrow money on behalf of the United States government. This authority is outlined in the U.S. Constitution, which grants Congress the ability to borrow money to pay the debts and provide for the common defense and general welfare of the country.
