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A Revolution in Favor of GovernmentOrigins of the U.S. Constitution and the Making of the American State$
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Max. M Edling

Print publication date: 2003

Print ISBN-13: 9780195148701

Published to Oxford Scholarship Online: January 2005

DOI: 10.1093/0195148703.001.0001

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The Federalists and the Uses of Fiscal Powers

The Federalists and the Uses of Fiscal Powers

Chapter:
(p.206) 14 The Federalists and the Uses of Fiscal Powers
Source:
A Revolution in Favor of Government
Author(s):

Max. M Edling

Publisher:
Oxford University Press
DOI:10.1093/0195148703.003.0015

Offers brief sketches of the institutionalization of the military and fiscal powers granted by the US Constitution, and of the uses made of them by the Federalists in the 1790s. Gives an outline of the fiscal and financial policy of the Federalists, thereby assessing Alexander Hamilton's claim to have restored public credit while reducing the tax pressure on the citizens. Also looks at the fate of the Federalist program after the Federalists had lost power to the Jeffersonian Republicans.

Keywords:   Federalism, financial policy, fiscal powers, Alexander Hamilton, institutionalization, Thomas Jefferson, public credit, Republicanism, tax burden, taxation, US Constitution, USA

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