GA HR1113

Urges U.S. Congress to acknowledge chronic federal deficit spending as a root cause of inflation and long-term economic instability

Calls on Congress to develop and adopt a comprehensive plan to balance the federal budget within ten years, including spending restraint, structural budget reforms, and increased transparency

Asserts that inflation from deficit spending acts as a hidden tax on working families, retirees, fixed-income households, and small businesses by eroding purchasing power

Affirms fiscal discipline as a moral obligation to protect economic security for present and future generations

Directs the Clerk to distribute copies to the U.S. House Speaker, Senate Majority Leader, and Georgia's Congressional Delegation