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?

Answer 1

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Answer 2

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.