Bruce
Administrator
Posts: 1,024
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Post by Bruce on Jun 19, 2014 2:22:28 GMT -5
Here, we shall record the budget of the federal government beginning in 1791.
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Bruce
Administrator
Posts: 1,024
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Post by Bruce on Jul 1, 2014 1:26:14 GMT -5
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Post by Kansiov on Jul 1, 2014 8:11:36 GMT -5
After the passage of the Assumption Act, roughly $50,500,000 worth of debts has been assumed by the federal government. Total outstanding debt below:
1791 - Federal Debt OutstandingTotal Debt:- $71,500,000
Projected Interest:- $2,460,000 (3.45%)
Largest Foreign Creditors: Kingdom of France:- $8,400,000 Sveriges Riksbank:- $400,500 Kingdom of Sicily:- $340,000 Amsterdamsche Wisselbank:- $320,000 Banca Monte dei Paschi di Siena:- $300,000
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