The Republican (fascist/socialist) 41st counterfeit CONgress (elected in accordance with the fraudulent 17th amendment) passes the Contract with America Advancement Act, raising the national debt limit from 4,900,000,000,000 to 5,500,000,000,000 “dollars.”
NOTE: So much for conservative Republicans!
[added 10/11/2025]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Contract with America Advancement Act, 110 Public Statutes at Large 847, 875 (/1996).
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
AIMD-96-130 Debt Ceiling: Analysis of Actions During the 1995-/1996 Crisis – aimd-96-130.pdf
www.gao.gov/assets/aimd-96-130.pdf
Current U.s. National Debt:
