Bill117th CongressFiled Mar 25, 2021Economics and Public Finance
S.Res. 136
A resolution recognizing the duty of the Senate 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 senate (Mar 25, 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 Senate to abandon the theory.
What just happenedMar 25, 2021
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1831-1832)
Who’s behind it
Sen. Braun, Mike [R-IN](R-IN)Sponsor
3 cosponsors3 R
3cosponsors1committees2actions1related bills3subjects
- Introduced in SenateMar 25, 2021
- Mar 25, 2021IntroReferral
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1831-1832)
Banking, Housing, and Urban Affairs Committee - Mar 25, 2021IntroReferral10000
Introduced in Senate