This concurrent resolution urges South Dakota's congressional delegation to take immediate action to address the growing national debt, which has exceeded $38 trillion and is projected to lead to significant financial burdens for taxpayers and future generations. The resolution highlights the alarming statistics surrounding the federal debt, including the estimated $1 trillion in interest by 2026 and a debt-to-GDP ratio exceeding 124 percent. It criticizes the federal government's ongoing commitment to foreign aid and military engagements abroad, suggesting that these expenditures contribute to the worsening debt situation while domestic entitlement programs continue to expand.
The resolution calls for Senators Thune and Rounds, along with Representative Johnson, to prioritize the reduction of federal debt by terminating foreign aid programs and ceasing nation-building efforts overseas. Additionally, it advocates for a formal declaration of war if military action is deemed necessary, emphasizing the need for fiscal responsibility and a reevaluation of the nation's spending priorities. The overarching message is a plea for a shift in focus from international commitments to addressing the pressing financial challenges facing the United States.