United States Declaration of Independence United States Declaration of Independence The United States Declaration of Independence is the statement adopted by the Second Continental Congress meeting at the Pennsylvania State House (now known as Independence Hall) in Philadelphia, Pennsylvania on July 4, 1776. The Declaration announced that the Thirteen Colonies at war with the Kingdom of Great Britain would regard themselves as thirteen independent sovereign states, no longer under British rule. With the Declaration, these new states took a collective first step toward forming the United States of America. The declaration was signed by representatives from New Hampshire, Massachusetts Bay, Rhode Island, Connecticut, New York,
Financial costs of the American Revolutionary War Financial costs of the American Revolutionary War The American Revolutionary War inflicted great financial costs on all of the combatants, including the United States of America, France, Spain and Great Britain. France and Great Britain spent 1.3 billion "livres" and 250 million pounds, respectively. The United States spent $400 million in wages for its troops. Spain increased its military spending from 454 million "reales" in 1778 to over 700 million "reales" in 1779. The economic warfare between Great Britain and the colonists began well before the colonies declared their independence in 1776. Regulations from the crown were met with fierce