U.S. Debt Structure in 1790
Composition of debt consolidated under the Funding Act of 1790, estimated in contemporary dollars
Total Consolidated DebtApprox. $79 million
Federal Debt (Foreign + Domestic)Approx. $54 million
State Debt Subject to AssumptionApprox. $21.5 million
Federal Government Annual Revenue (1790)Approx. $4 million