Republican (fascist/socialist) President Eisenhower signs the Engle Act, raising the national debt limit from 275,000,000,000 to 280,000,000,000 “dollars.”
NOTE: So much for conservative Republicans!
[added 5/31/2025]
Subsequent Events:
9/2/1958
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Engle Act, 72 Public Statutes at Large 27 (1958).
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