Republican (fascist/socialist) de facto President Ford (25th amendment) signs the Department of Defense Appropriation Authorization Act of 1976, raising the national debt limit from 495,000,000,000 to 577,000,000,000 “dollars.”
NOTE: So much for conservative Republicans!
[added 7/17/2025]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Department of Defense Appropriation Authorization Act of 1976, 89 Public Statutes at Large 5 (1975).
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