President Thomas Jefferson borrowed money primarily from foreign governments and domestic lenders to finance the Louisiana Purchase and other government expenses. Notably, he secured loans from the Bank of the United States and other private banks. Additionally, he sought funds from European nations, particularly France, to facilitate his ambitious expansion plans.
clinton
Concurrent powers give the power to borrow money.
thomas jefferson
everyone? if you mean in government the president can ask for loans from other countries
George Washington, otherwise a rich man by the standards of his time, was so land-poor that he had to borrow money in order to travel to his 1787 inauguration in New York.
Not enough. He died a debtor.
The government didn't have enough money, and couldn't borrow it from other countries.
Can you borrow against money from your pension plan?
Well, you can borrow money from anyone if they agree to loan it to you.
No, you cannot borrow money from your HSA account.
May I borrow some money from you, mom?
Tariffs and money collected from sales of western lands were the chief sources of revenue when Jefferson was president.