Alexander Hamilton planned to handle the national debt primarily by creating a national bank to oversee the debt. He believed that establishing a national bank would help manage the government's finances, provide stability to the economy, and facilitate the use of credit. Hamilton's approach included consolidating the federal and state debts, which would create a strong national credit, and he proposed to finance the debt through the issuance of government bonds, but his key strategy involved the establishment of the national bank to provide oversight and management of these financial obligations.
How did Alexander Hamilton plan to handle the national debt?
by creating a national bank to oversee the debt
by using cash reserves to pay down the debt
by reducing taxes to help the economy
by selling government bonds to fund the debt
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