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SRES 182 116th Congress Senate Economics and Public Finance Budget deficits and national debt Economic theory Monetary policy

A resolution recognizing the duty of the Senate to condemn Modern Monetary Theory and recognizing Modern Monetary Theory would lead to higher deficits and higher inflation.

Introduced: May 1, 2019 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 1, 2019
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2576)
May 1, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

This resolution recognizes that (1) deficits are unsustainable, irresponsible, and dangerous; (2) the implementation of Modern Monetary Theory will lead to higher deficits and higher inflation; and (3) it is the duty of the Senate to condemn the theory.

What's happening now May 1, 2019

Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2576)

 Committees of jurisdiction 1