Historical Events tagged with "national debt"

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Politics & Government

Celebratory Dinner for Zero National Debt

January 8th, 1835 190 years ago

Andrew Jackson, the seventh President of the United States, hosted a celebratory dinner to mark a significant achievement: the reduction of the national debt to zero. The event took place in Washington, D.C., and gathered key political figures and supporters of Jackson's administration. This remarkable economic milestone was celebrated not only as a personal victory for Jackson but also as a demonstration of fiscal responsibility and government efficiency. The dinner was a reflection of the optimistic spirit of the era and Jackson's commitment to the principles of limited government and sound financial management.

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