Independence Day (United States) Independence Day (United States) Independence Day (colloquial: the Fourth of July) is a federal holiday in the United States commemorating the adoption of the Declaration of Independence on July 4, 1776. The Continental Congress declared that the thirteen American colonies regarded themselves as free and independent states, the United States of America, and were no longer connected to the British Crown. The Congress actually voted to declare independence two days earlier, on July 2. Independence Day is commonly associated with fireworks, parades, barbecues, carnivals, fairs, picnics, concerts, baseball games, family reunions, and political speeches and ceremonies, in addition to various
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