The Continental Navy is disbanded as its sole remaining ship, the USS Alliance is auctioned off for 26,000 Dollars.

       [added 9/11/2021]

Subsequent Events:

Authority:

Articles of Confederation, Article IX [Section 5]
ccc-2point0.com/Articles-of-Confederation

References:

Current U.s. National Debt:

$36,190,276,558,466

Source