Let me just add, in terms of amending the Constitution and on financial things, Thomas Jefferson, of course, favored an absolute prohibition against Federal borrowing, and Alexander Hamilton later-- Thomas Jefferson and Alexander Hamilton did not agree on much but they agreed that it would have been wise to have done this.
Sen. Paul Simon: “Let me just add, in terms of amending the Constitution and on financial things, Thomas Jefferson, of course, favored an…”
Editor's note · Context
The speaker discusses historical perspectives on federal borrowing and constitutional amendments.
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