Jefferson on Debt and Madison on Spending

Two lessons for today from the 3rd and 4th Presidents. How Jefferson tackled the national debt, and how Madison dealt with Congress passing a bill for infrastructure spending.

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How Thomas Jefferson Handled the National Debt

Today in History: James Madison Vetoes Infrastructure Bill as Unconstitutional

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Tags: Albert Gallatin, Bonus Bill of 1817, Federal Spending, James Madison, National Debt, thomas jefferson, Veto

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Michael Boldin

Michael Boldin [send him email] is the founder of the Tenth Amendment Center. He was raised in Milwaukee, WI, and currently resides in Los Angeles, CA. Follow him on twitter - @michaelboldin and Facebook.

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