This is new game started with the 1.3 Opt-In. I am not using the new governors.
If a player goes into debt, the Production Wheel is automatically adjusted to 100% Wealth and the Manufacturing Slider is automatically adjusted to 100% Social. I know that in earlier versions there was no automatic change back to the previous settings after the player was no longer in debt. I thought this was fixed in one of the updates. If so, it is no longer fixed.
In my current game I went into debt after upgrading some ships in Govern/Command tab. There is no notification of how much the upgrades cost, so it is easy to go into debt. When I got out of debt a few turns later, the production wheel and manufacturing slider did not change back to the settings they had before I went into debt. I had to go into the Economy tab and change them back myself.
This game is interesting for another reason. If I try to upgrade ships in a different order, I do not go into debt because I can no longer upgrade ships if the upgrade would put me into debt. I don't know why there is a difference, but I have tried each way enough to know exactly how to repeat each possibility.
Ticket #VYC-713-68391 submitted with this information, a save game and instructions on how to get into debt and how to avoid the debt.