GA HR1988

Georgia House Resolution recognizing chronic federal deficit spending as a root cause of inflation and long-term economic instability

Affirms that fiscal discipline is a "moral obligation" to protect economic security of present and future generations

Characterizes inflation as a hidden tax on working families, retirees, fixed-income households, and small businesses that erodes purchasing power

Notes that state governments are required to balance their budgets, contrasting with federal government's habitual deficit spending

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