Republican (constitutionalist) President Madison signs the Debt Authorization Act, approving 11,000,000 Dollars in indebtedness to finance foreign aggression.
[restored 11/26/2021]
Subsequent Events:
Authority:
Article I, Section 8 [Clause 12]
ccc-2point0.com/constitution-for-the-united-states
References:
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 70.
Current U.s. National Debt:
