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MT SJ9

Joint Resolution

Status

Passed

4/8/2025

Primary Sponsor

Tom McGillvray

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Montana Legislature declares federal fiscal and monetary policies are harming Montana and U.S. citizens through inflation and rising costs on food, transportation, energy, and housing

  • Federal debt has grown from $21.2 trillion in 2016 to $36.3 trillion in 2025 (121% of GDP), with projections to exceed $55 trillion by 2034

  • Interest payments on federal debt increased from $260 billion in 2016 to $1.1 trillion in 2024, now consuming 45% of federal income tax revenue

  • Urges Congress to implement disciplined fiscal rules including a gold-linked dollar and balanced budget amendment to the U.S. Constitution

  • Calls on other state legislatures to pass similar resolutions and directs copies be sent to Montana's Congressional delegation and legislative leaders of all 50 states

Legislative Description

Joint resolution on the economic dangers of federal debt and deficits

Federal Government

Last Action

(S) Filed with Secretary of State

4/8/2025

Committee Referrals

Energy, Telecommunications, and Federal Relations2/10/2025
Energy, Technology & Federal Relations1/16/2025

Full Bill Text

No bill text available