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How does today’s trillion dollar debt reflect the fears of Brutus?

Sagot :

ogorwyne

Brutus had feared that the power to borrow would make the Federal government borrow too much that they would borrow what they cannot pay back.

Brutus while showing his fears of borrowing a principal sum had said that the power to borrow money was unlimited. He said under such powers the revenues of the US may be mortgaged to finance a loan.

A trillion dollar debt today could be more than what the nation can handle. He referred to this huge borrowing as a calamity.

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