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Government spent more money than it's collected in taxes and other revenues. one of the inducement for the existence of federal government was its offer to the states to assume their revolutionary war debt. recall while george washington ran the continental army, the state has its own militia when we fought the british. they referred to themselves as states when the declaration of independence was signed and they were sovereign and free. they did accept the offer of political elites led by the original big government menace hamilton in return for granting some, just some of their sovereignty t...

Government spent more money than it's collected in taxes and other revenues. one of the inducement for the existence of federal government was its offer to the states to assume their revolutionary war debt. recall while george washington ran the continental army, the state has its own militia when we fought the british. they referred to themselves as states when the declaration of independence was signed and they were sovereign and free. they did accept the offer of political elites led by the original big government menace hamilton in return for granting some, just some of their sovereignty t...