How did Lincoln get more money for the civil war?

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2026-03-29 16:35

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Lincoln secured more funding for the Civil War through a combination of measures, including issuing paper currency known as "greenbacks," which allowed the government to finance the war without relying solely on taxes or loans. He also authorized the sale of government bonds and implemented a federal income tax for the first time, which helped raise additional revenue. These strategies enabled the Union to sustain its military efforts throughout the conflict.

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