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.

HRES 1028 is a non-binding House resolution expressing the House's position that the U.S. must address billionaire economic and political influence. It calls for halting corporate tax breaks and subsidies, increasing taxes on the wealthy and corporations, and redirecting funds toward public services like healthcare, housing, and climate initiatives. As a resolution, it does not create new laws but states the House's view that concentrated wealth undermines democracy and requires policy changes to prioritize working people. It specifically references actions like breaking up corporate monopolies and expanding union support as part of this vision.