Yes, once in 1835, when Andrew Jackson was president. He hated the Federal Bank and debt and tried very hard to completely get rid of it. He didn't quite succeed at getting rid of the Federal bank (obviously) but he did succeed in having America become debt free for the first (and so far the only) time since America became its own country.
58 years
yes who ever thinks it is isint there stupid just like German
I believe 1783...
1954
That is a matter of opinion. I doubt we'll see any simple answers.Another View: I don't believe that you will find that claim or guarantee written ANYWHERE in any legislation or law that has ever been passed in the US. The phrase is picked from the lyrics of a song - the US National Anthem. Songs are poetry set to music, and it is poetic license, expreessing a hope and desire that no man or nation in humankind is ever likely to achieve!
never.
The king of England had been in debt to William Penn's father. To settle the debt, Penn asked for land in America. He established Pennsylvannia as a place free of persecution for Quakers.
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Andrew Jackson virtually paid off the debt by 1836. (There were a few bills due, around $30,000. or so.)
Debt free cash free is the value of a business without any net debt (= debt less cash). Where a business has net debt, the debt free cash free value is higher than the value a seller would expect to receive for their shares in the business. Debt free cash free is very similar to another term used in finance: "Enterprise Value".
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You can't. Not if your debt is very huge. Nothing can be gained for free in life, and if you have a massive credit card debt you racked up by spending loads then there's no way you can be debt free in a week.
America did not have to 'free' itself from England. It was never under English rule. There has never been a war between America and England.
No he is not - nor has he ever been.