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The last instance of such a default took place during the Great Depression, in 1933, when the state of Arkansas defaulted on its highway bonds, which had long-lasting consequences for the state. [1] Current U.S. bankruptcy law, an area governed by federal law, does not allow a state to file for bankruptcy under the Bankruptcy Code. [2]
President Abraham Lincoln advising with his Generals during the American Civil War. President Abraham Lincoln was deeply involved in strategy development and day-to-day military operations during the American Civil War, 1861–1865; historians have given Lincoln high praise for his strategic sense and his ability to select and encourage ...
The United States has formally declared war in five separate conflicts, issuing declarations against ten different foreign nations. The only country to have been the subject of multiple U.S. war declarations is Germany, which the United States formally declared war against twice, once in World War I and again in World War II.
State bankruptcies have recently become an open question as the coronavirus pandemic shreds many states’ finances. No state has ever declared bankruptcy, though. As state and local governments ...
Throughout history, martial law has been imposed at least 68 [3] times in limited, usually local areas of the United States. Martial law was declared for these reasons: Twice for war or invasion, seven times for domestic war or insurrection, eleven times for riot or civil unrest, 29 times for labor dispute, four times for natural disaster and ...
After the Civil War the question was whether the United States government would make indictments for treason against leaders of the Confederate States of America, as many people demanded. Jefferson Davis, the President of the Confederate States, was indicted and held in prison for two years.
The Senate voted overwhelmingly Wednesday to continue congressional authorization for the use of military force in the global fight against terror, turning back an effort by Kentucky Sen. Rand ...
The War Powers Resolution (also known as the War Powers Resolution of 1973 or the War Powers Act) (50 U.S.C. ch. 33) is a federal law intended to check the U.S. president's power to commit the United States to an armed conflict without the consent of the U.S. Congress.