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Senate resolution urges congressional action on federal debt and deficits
2331071 · February 17, 2025
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Summary
Senate Joint Resolution 9 urges Congress and state leaders to address rising federal debt and debt service. Sponsor testified at committee hearing about debt growth and potential economic consequences; supporters called for a fiscal wake-up.
Senator Tom McGillivray opened a hearing on Senate Joint Resolution 9 by urging state legislatures and Congress to confront what he called an urgent federal debt and deficit problem. The sponsor described a multidecade rise in federal debt and warned that rapidly increasing interest costs could crowd out other public spending.
“The debt…
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