Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism. | ChamberLight
Bills · HRES 1028
IN COMMITTEE· 119TH CONGRESS
House Res.HRES 1028Government Operations and Politics
Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism.
INTRO JAN 30· LAST ACTION MAY 20
READING
7MIN
COSPONSORS
7
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
Non-binding
Commemorative
LEGISLATIVE PROGRESS
STEP 2 / 8
Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-written
This resolution matters because it reflects a significant policy debate within Congress regarding economic inequality, corporate influence, and the health of American democracy. While it doesn't immediately change any laws, it acts as a political statement, outlining a vision for future legislative action. If the ideas expressed in this resolution were to become law, it could lead to major changes in the tax system, how corporations are regulated, and how elections are financed, potentially shifting power dynamics in the economy and government.
Voters should care because this resolution highlights concerns that many people share about the concentration of wealth and power, and its potential impact on everyday life, such as access to affordable healthcare, housing, and a fair economy. Its passage would signal a commitment from certain members of Congress to pursue policies aimed at redistributing wealth and curbing corporate power, which could lead to substantial changes in their financial well-being, the job market, and the overall political landscape.
KEY PROVISIONS
5AI-extracted
PROVISION 01
The Federal Government must act to reduce the financial and political power of extremely wealthy individuals and large corporations to protect American democracy and individual freedoms.
This calls for a fundamental shift in government policy to address perceived threats to democracy from concentrated wealth.
PROVISION 02
The President should not award government contracts, loans, or grants to wealthy individuals or corporations involved in corruption, unfair competition, or violations of labor, environmental, or non-discrimination laws.
This aims to prevent taxpayer money from supporting entities that do not adhere to ethical and legal standards.
PROVISION 03
Congress and the President should protect election integrity by stopping large campaign spending from wealthy individuals and corporations, and instead ensure elections are publicly funded by small donations.
This seeks to reduce the influence of big money in politics and empower individual voters.
PROVISION 04
Congress and the President should break up powerful companies, especially monopolies in media, finance, and technology, and ensure critical national security functions are controlled by public servants.
This aims to reduce concentrated economic and political power and protect key sectors from private control.
PROVISION 05
Congress and the President should significantly reduce economic inequality by increasing tax rates for corporations and the ultra-rich, enacting a wealth tax, and closing legal tax loopholes.
This proposes direct measures to address wealth disparity and increase government revenue from the wealthiest.
Referred to the Subcommittee on Nutrition and Foreign Agriculture.
COMMITTEE
JAN 30
Submitted in House
INTROREFERRAL
JAN 30
Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
INTROREFERRAL
JAN 30
Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IN COMMITTEE· 119TH CONGRESS · AGRICULTURE COMMITTEE · INTRODUCED JAN 30, 2026
House Res.HRES 1028Government Operations and Politics
Expressing the sense of the House of Representatives that the United States must act urgently to end the political and economic dominance of billionaire oligarchs, halt the corporate subsidies and tax advantages that fortify their power, and reinvest in the needs of the American people to defend democracy from authoritarianism.
This resolution matters because it reflects a significant policy debate within Congress regarding economic inequality, corporate influence, and the health of American democracy. While it doesn't immediately change any laws, it acts as a political statement, outlining a vision for future legislative action. If the ideas expressed in this resolution were to become law, it could lead to major changes in the tax system, how corporations are regulated, and how elections are financed, potentially shifting power dynamics in the economy and government.
Voters should care because this resolution highlights concerns that many people share about the concentration of wealth and power, and its potential impact on everyday life, such as access to affordable healthcare, housing, and a fair economy. Its passage would signal a commitment from certain members of Congress to pursue policies aimed at redistributing wealth and curbing corporate power, which could lead to substantial changes in their financial well-being, the job market, and the overall political landscape.
KEY PROVISIONS
AI-extracted
high
The Federal Government must act to reduce the financial and political power of extremely wealthy individuals and large corporations to protect American democracy and individual freedoms.
This calls for a fundamental shift in government policy to address perceived threats to democracy from concentrated wealth.
high
The President should not award government contracts, loans, or grants to wealthy individuals or corporations involved in corruption, unfair competition, or violations of labor, environmental, or non-discrimination laws.
This aims to prevent taxpayer money from supporting entities that do not adhere to ethical and legal standards.
high
Congress and the President should protect election integrity by stopping large campaign spending from wealthy individuals and corporations, and instead ensure elections are publicly funded by small donations.
This seeks to reduce the influence of big money in politics and empower individual voters.
med
Congress and the President should break up powerful companies, especially monopolies in media, finance, and technology, and ensure critical national security functions are controlled by public servants.
This aims to reduce concentrated economic and political power and protect key sectors from private control.
high
Congress and the President should significantly reduce economic inequality by increasing tax rates for corporations and the ultra-rich, enacting a wealth tax, and closing legal tax loopholes.
This proposes direct measures to address wealth disparity and increase government revenue from the wealthiest.
GLOSSARY
AI-written
Sense of the House
A formal statement passed by the House of Representatives expressing its collective opinion, belief, or intention on a particular matter. It does not carry the force of law and is not binding.
Oligarchs
A small group of extremely wealthy and powerful individuals who hold significant political and economic control, often for their own benefit.
Corporate subsidies
Financial assistance or support extended by the government to private companies, usually to promote an economic activity or policy.
Tax advantages
Special tax breaks, deductions, or exemptions that reduce the amount of tax owed by certain individuals or corporations.
Authoritarianism
A form of government characterized by strong central power and limited political freedoms, often concentrating power in the hands of a single leader or a small elite.
Monopolies
A situation where a single company or group has exclusive control over a particular product or service, giving them significant market power and ability to set prices without competition.
Quid pro quo
A favor or advantage granted in return for something else; often refers to an exchange of political contributions for favorable government treatment.
ACTION TIMELINE
4 EVENTS
MAY 20
Referred to the Subcommittee on Nutrition and Foreign Agriculture.
COMMITTEE
JAN 30
Submitted in House
INTROREFERRAL
JAN 30
Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
INTROREFERRAL
JAN 30
Referred to the Committee on the Judiciary, and in addition to the Committees on House Administration, Ways and Means, Education and Workforce, Energy and Commerce, Financial Services, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
A system where government funds, rather than private donations, are used to pay for election campaigns, often with the goal of reducing the influence of wealthy donors.