Page "United States Constitution" Paragraph 5
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Congress could print money, but by 1786, the money was useless.
Congress could borrow money, but could not pay it back.
No state paid all of their U. S. taxes ; Georgia paid nothing.
Some few paid an amount equal to interest on the national debt owed to their citizens, but no more.
No interest was paid on debt owed foreign governments.
By 1786, the United States would default on the dates the principal came due.
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