The First Report on the Public Credit was one of four major reports on fiscal and economic policy submitted by Founding Father and first US Treasury Secretary Alexander Hamilton on the request of Cong
Alexander Hamilton's First Report on the Public Credit, January 9, 1790
Continental One Third Dollar Note (obverse)
Alexander Hamilton, portrait by John Trumbull, c. 1806
James Madison
Government debt
Videos
A country's gross government debt is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occ
First Report on the Public Credit
…Congress. The report analyzed the financial standing of the United States and made recommendations to reorganize the national debt and to establish the public credit. Commissioned by the US House of Representatives on September 21, 1789, the report was presented on January 9, 1790, at the second session of the 1st…
The sealing of the Bank of England Charter (1694)
A new way to pay the National Debt, James Gillray, 1786. King George III, with William Pitt handing him another moneybag.
National Debt Clock outside the IRS office in NYC, April 20, 2012
Government Vedder Highsmith detail 1