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US National Debt: A Threat to National Security

A U.S. House of Representatives resolution recognizes the growing national debt as a serious threat to national security. It emphasizes that unsustainable spending and deficits could weaken the country's defense capabilities and affect financial stability, ultimately impacting every citizen through potential reductions in public services and increased financial burdens.
Key points
The U.S. national debt has exceeded $31.4 trillion, meaning approximately $94,240 in debt per citizen.
The absence of a balanced budget since 1997 leads to increasing deficits, potentially lowering the country's credit rating.
Rising debt servicing costs could limit funds for critical areas, including defense and foreign policy, affecting citizens' security and life stability.
Calls for restoring fiscal responsibility and balancing the budget to protect the nation's financial future and security.
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Additional Information
Print number: 118_HRES_190
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2023-03-01