This House resolution says the national debt is a threat to national security. It lists facts and figures from January 2025 and fiscal year 2024, including total public debt of more than $36,200,000,000,000, an interest expense of more than $1,130,000,000,000 in fiscal year 2024, and a debt-to-GDP ratio of 120.87 percent. The resolution notes debt per citizen and per taxpayer, that the last balanced Federal budget was in 1997, and that fiscal year 2024 had $5,082,000,000,000 in receipts and $6,941,000,000,000 in outlays (a one-year deficit of $1,859,000,000,000). It cites projections that some trust funds may be depleted in 2033–2034, reports that over $8,500,000,000,000 of federal debt is owned by non-U.S. individuals (including $759,000,000,000 held by individuals in China), and says foreign and global financial changes could weaken the dollar. The text quotes several former defense and intelligence officials who warned that high debt can harm military strength and national security. The resolution resolves that the House recognizes the debt as a national security threat, calls deficits unsustainable, commits to restoring regular order in appropriations, and commits to addressing the fiscal situation.
This is a House resolution that states the House's view and commitments. The resolution was introduced and referred to the Committee on the Budget and the Committee on Ways and Means for further consideration. No publicly available information on direct legal changes or new spending from this resolution alone.
The resolution cites fiscal numbers: total public debt and interest expense figures, FY2024 receipts ($5,082,000,000,000), FY2024 outlays ($6,941,000,000,000), and a FY2024 deficit ($1,859,000,000,000). No publicly available information on costs to implement the resolution or on any new spending it would authorize.
The sponsors and the text say the size and growth of the national debt threaten national security. They describe deficits as "unsustainable, irresponsible, and dangerous," cite large debt totals, rising interest costs, foreign holdings of U.S. debt, and projected trust fund depletion dates. The resolution includes warnings from former defense and intelligence officials (for example, James Mattis, Dan Coats, Leon Panetta, Ash Carter, Chuck Hagel, and Michael Mullen) who said high debt harms military and security capabilities. The resolution also says the House should restore regular order in appropriations and address the fiscal crisis.
No publicly available information.