The resolution, H.C.R. No. 82, introduced by Representative Raymond, addresses the ongoing issue of the federal government's fiscal irresponsibility and the resulting national deficit. It highlights the pattern of Congress consistently passing budgets that exceed revenue, leading to increased borrowing and interest payments, which ultimately restricts funding for new programs and tax cuts. The resolution argues that previous attempts at fiscal restraint, such as the Gramm-Rudman-Hollings legislation and "PAYGO" rules, have been ineffective due to their vulnerability to modification by simple majorities in Congress.

To ensure lasting fiscal discipline, the resolution calls for a constitutional amendment that mandates a balanced federal budget, requiring a two-thirds majority in Congress and ratification by three-quarters of the states. The Texas Legislature urges Congress to propose this amendment to safeguard taxpayer dollars and prevent future deficits. Additionally, the resolution instructs the Texas Secretary of State to send copies to key federal officials and members of the Texas congressional delegation, requesting that it be entered into the Congressional Record as a formal appeal to the U.S. Congress.