The Reagan Reverie (“Revolution?”) continues: Republican (fascist/socialist) President Reagan signs the Balanced Budget and Emergency Deficit Control Reaffirmation Act, raising the national debt limit from 2,078,700,000,000 to 2,111,000,000,000 “dollars.”
NOTE: So much for conservative Republicans!
[added 9/6/2025]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Balanced Budget and Emergency Deficit Control Reaffirmation Act, 100 Public Statutes at Large 818 (1986).
http://fpc.state.gov/documents/organization/105193.pdf
fpc.state.gov/documents/organization/105193.pdf
Table 7.3—Statutory Limits on Federal Debt: 1940–Current
www.whitehouse.gov/omb/budget/Historicals
Current U.s. National Debt:
