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As Introduced
136th
General Assembly
Regular
Session
H. C. R. No. 24
2025-2026
Representatives
Thomas, D., Klopfenstein
Cosponsors:
Representatives Brennan, Deeter, Fischer, Fowler Arthur, Glassburn,
Gross, Hall, T., John, King, Williams
A
c o n c u r r e n t R E S O L U T I O N
To
recognize that the national debt is a threat to the national security
of the United States and to urge the United States Congress to commit
to establishing an effective regular order for budgeting.
BE
IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF OHIO (THE
SENATE CONCURRING):
WHEREAS,
In September 2025, the outstanding public debt of the United States
totaled more than $37 trillion, with public debt equaling 123% of
gross domestic product, and the debt owed per citizen rising to
$108,000; and
WHEREAS,
More than $8 trillion of the federal debt is owned by individuals not
located in the United States, including more than $800 billion owned
by individuals in China; and
WHEREAS,
In fiscal year 2024, the United States had a deficit of over $1
trillion after the United States Congress failed to pass a balanced
budget, and federal tax receipts totaled $5 trillion, short of the
federal outlays totaling $6.75 trillion; and
WHEREAS,
The Social Security and Medicare Boards of Trustees project that the
Old-Age and Survivors Insurance Trust Fund and the Federal Hospital
Insurance Trust Fund will be depleted in 2033 and 2036; and
WHEREAS,
Improvements in the business climate in populous countries and aging
populations around the world likely will contribute to higher global
interest rates, which would squeeze all United States policy
priorities, including defense and foreign policy; and
WHEREAS,
On September 22, 2011, former Chairman of the Joint Chiefs of Staff,
Michael Mullen warned, "the single biggest threat to our
national security is debt"; and
WHEREAS,
On March 6, 2018, then Director of National Intelligence Dan Coats
warned, "Our continued plunge into debt is unsustainable and
represents a dire future threat to our economy and to our national
security"; and
WHEREAS,
The payment on the interest of national debt now exceeds total United
States Defense spending causing future uncertainty over the ability
to defend our national interests; now therefore be it
RESOLVED,
That we, the members of the 136th General Assembly of the State of
Ohio, recognize that the national debt is a threat to the national
security of the United States and urge the United States Congress to
commit to establishing an effective regular order for budgeting; and
be it further
RESOLVED,
That the Clerk of the House of Representatives transmit duly
authenticated copies of this resolution to each member of the Ohio
Congressional delegation and to the news media of Ohio.