This joint resolution from the Montana legislature expresses concern over the federal government's fiscal and monetary policies, which are perceived to be detrimental to the citizens of Montana and the broader United States. It highlights alarming statistics regarding the increasing federal debt, which has risen from $21.2 trillion in 2016 to an expected $55 trillion by 2034, and the significant rise in interest payments on this debt. The resolution emphasizes the negative impact of sustained inflation and high interest rates on essential goods and services, which disproportionately affects the middle class and those with lower incomes.
The resolution calls on the United States Congress to take immediate action to implement disciplined fiscal rules, such as a balanced budget amendment and potentially a gold-linked dollar. It also urges other state legislatures to join Montana in sending similar resolutions to Congress, demanding accountability and action to address the nation's fiscal vulnerabilities and the inflationary pressures faced by its citizens. The resolution is to be forwarded to Montana's Congressional Delegation and the leadership of other state legislatures.