Georgia HR1988: Chronic federal deficit spending as a root cause of inflation and long-term economic instability; recognize

What the bill says

A resolution Recognizing chronic federal deficit spending as a root cause of inflation and long-term economic instability; and for other purposes.

From the introduced text:

A RESOLUTION Recognizing chronic federal deficit spending as a root cause of inflation and long-term economic instability; and for other purposes. WHEREAS, state governments are constitutionally or statutorily required to balance their budgets, demonstrating that fiscal responsibility and essential public services are not mutually exclusive; and WHEREAS, for decades, the federal government has engaged in habitual deficit spending, treating fiscal imbalance as a normal condition of governance rather than an exception reserved for true national emergencies; and WHEREAS, persistent federal deficit spending has resulted in unprecedented national debt levels, requiring continuous borrowing that expands the money supply and places upward pressure on inflation; and WHEREAS, inflation functions as a hidden tax on working families, retirees, fixed-income households, and small businesses by eroding purchasing power, increasing the cost of food, housing, energy, healthcare, and transportation, and diminishing the real value of wages and savings; and H. R. 1988 LC 112 4086 WHEREAS, while the federal budget cannot reasonably be balanced overnight, continued delay and inaction reflect a failure of fiscal stewardship and a disregard for intergenerational responsibility. NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES that the members of this body recognize chronic federal deficit spending as a root cause of inflation and long-term economic instability. BE IT FURTHER RESOLVED that the members of this body affirm that fiscal …

Read the full official text

Sponsors

• Carter Barrett (R, 24) · primary sponsor
• Houston Gaines (R, 120)
• Shaw Blackmon (R, 146)
• Steve Tarvin (R, 2)
• Cannon, Chas (R, 172)
• Hatchett, Matt (R, 155)

Latest actions

1. March 27, 2026: House Read and Adopted
2. March 27, 2026: House First Readers
3. March 27, 2026: House Hopper

Common questions

What is HR1988?

HR1988 is a bill in the Georgia Legislature (2025-2026 Regular Session): Chronic federal deficit spending as a root cause of inflation and long-term economic instability; recognize.

What does HR1988 do?

In its own words: A resolution Recognizing chronic federal deficit spending as a root cause of inflation and long-term economic instability; and for other purposes.

What is the status of HR1988?

Passed both chambers as of March 27, 2026. Latest action: House Read and Adopted (March 27, 2026).

Who sponsored HR1988?

Carter Barrett (R, 24), with 5 co-sponsors.

Where is the official record for HR1988?

On the Georgia Legislature website: https://www.legis.ga.gov/legislation/74559