taylch001 taylch001
  • 22-09-2020
  • History
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What does it mean “to assume states’ debts”

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andieshawgield
andieshawgield andieshawgield
  • 22-09-2020
Dept assumption or simply assumption was a us financial policy executed under the funding act of 1790 the Washington administration pursed the policy under secretary of the Treasury Alexander Hamilton leadership to assume the outstanding debt of the states
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