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Bill > HR0028

IN HR0028

IN HR0028
Recognizing the seriousness of the U.S. national debt and its threat to national security.

summary

Introduced
02/05/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Recognizing the seriousness of the U.S. national debt and its threat to national security. A HOUSE RESOLUTION recognizing the seriousness of the U.S. national debt and its threat to national security.

AI Summary

This resolution, a House Resolution from Indiana, acknowledges the significant and growing U.S. national debt, which in December 2025 was over $38 trillion, or 118 percent of the Gross Domestic Product (GDP), with each citizen owing $112,000. It highlights that a substantial portion of this debt, over $8 trillion, is held by foreign entities, including $800 billion by China. The resolution points to a $1 trillion deficit in fiscal year 2024, where federal spending of $6.75 trillion far exceeded tax receipts of $5 trillion, and notes that key trust funds like Social Security and Medicare are projected to be depleted by 2033 and 2036, respectively. Citing warnings from former Chairman of the Joint Chiefs of Staff Michael Mullen and Director of National Intelligence Dan Coats, the resolution emphasizes that this escalating debt poses a serious threat to national security. Therefore, the Indiana House of Representatives recognizes this threat and urges the U.S. Congress to implement a more effective and regular budgeting process, and will send a copy of this resolution to Indiana's Congressional delegation.

Committee Categories

Budget and Finance

Sponsors (55)

Tim O'Brien (R)*,  David Abbott (R),  Mike Aylesworth (R),  Beau Baird (R),  Steve Bartels (R),  Garrett Bascom (R),  Bruce Borders (R),  Alex Burton (D),  Martin Carbaugh (R),  Becky Cash (R),  Ed Clere (R),  Matthew Commons (R),  Cory Criswell (R),  Kendell Culp (R),  Wendy Dant Chesser (D),  Michelle Davis (R),  Dale DeVon (R),  Karen Engleman (R),  Lori Goss-Reaves (R),  Craig Haggard (R),  Bob Heaton (R),  Matt Hostettler (R),  Andrew Ireland (R),  Tony Isa (R),  Chris Judy (R),  Mike Karickhoff (R),  Joanna King (R),  Ryan Lauer (R),  Ethan Lawson (R),  Cindy Ledbetter (R),  Matthew Lehman (R),  Shane Lindauer (R),  Jim Lucas (R),  Ethan Manning (R),  Julie McGuire (R),  Doug Miller (R),  Bob Morris (R),  Randy Novak (D),  Julie Olthoff (R),  Lindsay Patterson (R),  Zach Payne (R),  Kyle Pierce (R),  J.D. Prescott (R),  Jim Pressel (R),  Elizabeth Rowray (R),  Hal Slager (R),  Ben Smaltz (R),  Hunter Smith (R),  Ed Soliday (R),  Lorissa Sweet (R),  Jake Teshka (R),  Heath VanNatter (R),  Tim Wesco (R),  Tim Yocum (R),  Alex Zimmerman (R), 

Last Action

Representative Carbaugh added as coauthor (on 02/18/2026)

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