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MT SJ9
Joint Resolution
AI Summary
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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
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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
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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
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Urges Congress to implement disciplined fiscal rules including a gold-linked dollar and balanced budget amendment to the U.S. Constitution
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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