How would Washington repay the very large national debt?

George Washington believed in fiscal responsibility and the importance of establishing credit for the new nation. To address the large national debt, he supported measures such as the assumption of state debts by the federal government and the establishment of a national bank to manage finances effectively. Additionally, he endorsed tariffs and excise taxes to generate revenue for debt repayment, emphasizing the need for a strong economic foundation to ensure the country's financial stability.