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KS SCR1620
Concurrent Resolution
Status
1/28/2026
Primary Sponsor
Ty Masterson
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AI Summary
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Kansas Legislature recognizes the $36 trillion national debt (124% of GDP, $107,000 per citizen as of March 2025) as a threat to U.S. national security
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More than $8 trillion of federal debt is held by foreign individuals, including over $800 billion by individuals in China
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Fiscal year 2024 saw a deficit exceeding $1 trillion, with $5 trillion in tax receipts falling short of $6.75 trillion in federal outlays
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Social Security Old-Age and Survivors Insurance Trust Fund projected to be depleted by 2033; Federal Hospital Insurance Trust Fund by 2036
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Resolution urges U.S. Congress to establish an effective regular order for budgeting and directs the Secretary of the Senate to send copies to Kansas's congressional delegation
Legislative Description
Recognizing the seriousness of the national debt and the threat to national security that such debt poses.
Last Action
Senate Committee Report recommending resolution be adopted by
3/10/2026