Democratic (socialist/fascist) de facto President Franklin Roosevelt, Esq.—without a constitutional amendment—signs the Economy Act, establishing a timetable for

  1. reducing Federal expenditures by 25%,
  2. balancing the Federal budget, and
  3. injecting more Federal Reserve Notes into circulation.

Postscript: Although the Democratic Party promised to do numbers one and two, but not number three, just the opposite happened.

       NOTE: As an attorney (Officer of the Court) Roosevelt was ineligible to serve in two branches of government at the same time, according to Article I, Section 6 [Clause 2].

       [restored 7/2/2022]

Subsequent Events:

3/31/1933                   1/3/1935

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 332.

March
newdeal.feri.org/days/03.htm

The New Deal
www.uri.edu/artsci/newecn/Classes/Art/INT1/Mac/1930s/new_deal.htm

Current U.s. National Debt:

$36,167,124,467,492

Source