Which of the Following Statements Best Expresses the Criticism Leveled

Multiple Choice

Which of the following statements best expresses the criticism leveled against Hamilton's proposal that Congress assume outstanding state debts?

A) The plan is fine except for the fact that it will cost the government far more than it can afford.
B) The plan will enrich speculators who have purchased securities at a small fraction of their face value.
C) The plan will disrupt the national economy.
D) The plan violates the Constitution, which does not specifically authorize Congress to assume state debts.