| 1 | 1 | | *HR1554* |
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| 2 | 2 | | Introduced Version |
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| 3 | 3 | | HOUSE |
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| 4 | 4 | | RESOLUTION No. ___ |
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| 5 | 5 | | Introduced by: Yocum, Lawson |
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| 6 | 6 | | ____________________________________ |
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| 7 | 7 | | 1 A HOUSE RESOLUTION recognizing the seriousness of |
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| 8 | 8 | | 2 the national debt and its threat to national security. |
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| 9 | 9 | | 3 Whereas, As of March 2025, the total outstanding debt of the |
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| 10 | 10 | | 4 United States was more than $36 trillion; |
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| 11 | 11 | | 5 Whereas, In 2024, the total public debt as a percentage of |
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| 12 | 12 | | 6 the United States gross domestic product was 124 percent; |
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| 13 | 13 | | 7 Whereas, As of March 2025, the debt owed per citizen was |
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| 14 | 14 | | 8 $107,000; |
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| 15 | 15 | | 9 Whereas, The last federal budget surplus occurred in 2001; |
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| 16 | 16 | | 10 Whereas, In fiscal year 2024, federal tax receipts totaled |
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| 17 | 17 | | 11 nearly $5 trillion, but federal outlays totaled $6.75 trillion, |
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| 18 | 18 | | 12 leaving the United States federal government with a single year |
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| 19 | 19 | | 20253113 |
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| 20 | 20 | | HR 1554/DI 140 2025 2 |
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| 21 | 21 | | 1 deficit of nearly $1.8 trillion; |
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| 22 | 22 | | 2 Whereas, Congress has not had a balanced budget in 23 |
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| 23 | 23 | | 3 years; and |
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| 24 | 24 | | 4 Whereas, In fiscal year 2024, federal spending on interest to |
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| 25 | 25 | | 5 service the national debt is the fastest growing budget line item |
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| 26 | 26 | | 6 at $1 trillion, which is more than the annual budget of the |
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| 27 | 27 | | 7 United States military: Therefore, |
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| 28 | 28 | | 8 Be it resolved by the House of Representatives of the |
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| 29 | 29 | | 9 General Assembly of the State of Indiana: |
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| 30 | 30 | | 10 SECTION 1. That the Indiana House of Representatives |
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| 31 | 31 | | 11 recognizes that the national debt is a threat to the national |
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| 32 | 32 | | 12 security of the United States. |
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| 33 | 33 | | 13 SECTION 2. That the Indiana House of Representatives |
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| 34 | 34 | | 14 recognizes that deficits are unsustainable, irresponsible, and |
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| 35 | 35 | | 15 dangerous. |
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| 36 | 36 | | 16 SECTION 3. That the Indiana House of Representatives |
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| 37 | 37 | | 17 urges Congress to commit to restoring regular order in the |
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| 38 | 38 | | 18 appropriation process. |
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| 39 | 39 | | 19 SECTION 4. That the Indiana House of Representatives |
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| 40 | 40 | | 20 urges Congress to commit to preventing the looming fiscal |
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| 41 | 41 | | 21 crisis faced by the United States. |
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| 42 | 42 | | 22 SECTION 5. That the Principal Clerk of the House of |
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| 43 | 43 | | 23 Representatives shall transmit copies of this resolution to |
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| 44 | 44 | | 24 Indiana's Congressional delegation. |
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| 45 | 45 | | 20253113 |
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| 46 | 46 | | HR 1554/DI 140 2025 |
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