The resolution, introduced by Representative Raymond, expresses concern over the federal government's ongoing fiscal irresponsibility, particularly regarding the national deficit. It highlights the detrimental effects of continuous deficit spending, which forces the U.S. Treasury to sell bonds and incur interest payments, ultimately limiting funds available for new programs or 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 the ease with which Congress can alter these measures.

To address this issue, the resolution calls for a constitutional amendment that would require a balanced federal budget, emphasizing that such an amendment would ensure more prudent use of taxpayer dollars and help prevent future fiscal crises. The Texas Legislature urges Congress to propose this amendment for ratification by the states and requests that official copies of the resolution be sent to key federal officials and members of the Texas congressional delegation for inclusion in the Congressional Record.