Bill117th CongressFiled Mar 23, 2021Economics and Public Finance
H.Res. 267
Recognizing the duty of the House of Representatives to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation.
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What it doesSummary introduced in house (Mar 23, 2021)
This resolution recognizes that (1) large deficits are unsustainable, irresponsible, and dangerous; (2) the acceptance of Modern Monetary Theory will lead to higher deficits and higher inflation; and (3) it is the duty of the House of Representatives to abandon the theory.
What just happenedMar 23, 2021
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Hern, Kevin [R-OK-1](R-OK)Sponsor
4 cosponsors4 R
4cosponsors1committees3actions1related bills3subjects
- Introduced in HouseMar 23, 2021
- Mar 23, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 23, 2021IntroReferralIntro-H
Introduced in House
- Mar 23, 2021IntroReferral1000
Introduced in House