Asked by Allison Foley on Jul 25, 2024

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Early in the Jefferson presidency, the secretary of the treasury

A) reduced the army and navy budgets.
B) instituted a revenue-sharing program for the states.
C) called for the imposition of a national sales tax.
D) called for reduced spending on social programs.

Secretary Of The Treasury

A senior official within the U.S. government responsible for managing government revenue, including the issuance of currency and the administration of fiscal policies.

Revenue-Sharing

A fiscal policy wherein a central government shares part of its tax revenue with lower levels of government, such as states or municipalities.

  • Gain insight into the fiscal policies and difficulties during the period of Jefferson's leadership.
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SS
Sarvesh SumanJul 27, 2024
Final Answer :
A
Explanation :
The secretary of the treasury under Jefferson's presidency, Albert Gallatin, reduced the budgets of the army and navy in an effort to decrease government spending and reduce the national debt.