question archive Who is responsible for paying back all debts according to Article VI of the Constitution?
Who is responsible for paying back all debts according to Article VI of the Constitution?
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Who is responsible for paying back all debts according to Article VI of the Constitution?
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The United States Government is responsible for paying back all debts assumed by the Confederate government.
Article VI of the Constitution makes it clear that the new government would not mean a default on the debts owed by the Confederation for the Revolutionary War or other obligations. This provision was important to assure the passage of the constitution lest lienholders oppose ratification of the new document.
