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S. Con. Res. 71 97th Congress Senate

A concurrent resolution expressing the sense of the Congress that the President, the Board of Governors of the Federal Reserve System, and the Congress must coordinate fiscal and monetary policy to…

Official title: A concurrent resolution expressing the sense of the Congress that the President, the Board of Governors of the Federal Reserve System, and the Congress must co… Show full official titleShow less

Official title: A concurrent resolution expressing the sense of the Congress that the President, the Board of Governors of the Federal Reserve System, and the Congress must coordinate fiscal and monetary policy to insure that economic recovery and stable economic growth are not hindered by excessively restrictive monetary policy and high interest rates.

Introduced: April 20, 1982 See on congress.gov
Economics and Public Finance Congress and CongressmenCongressional-Presidential relationsDeficit financingFederal budgets
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Finance and Financial SectorFiscal policyInterestInterest ratesMonetary policyPresidents and Vice Presidents
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This resolution expired with the 97th Congress
It was not agreed to before the 97th Congress (1981–1982) adjourned, so it is no longer active. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
Mar 16, 1982
Referred to the Committee on Banking.
Mar 16, 1982
Introduced in Senate
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 Latest action March 16, 1982

Referred to the Committee on Banking.

 Plain-English summary Congressional Research Service

Expresses the sense of the Congress that: (1) the President and the Congress must work together to reduce substantially the budget deficits projected for fiscal year 1983 and following years; (2) the President and the Board of Governors of the Federal Reserve System must take action to assure that interest rates remain at a level commensurate with a vigorous and stable economic recovery; and (3) the goal of monetary policy must be to stabilize interest rates at a level close to the historical average relationship between nominal interest rates and the rate of inflation.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Apr 20, 1982
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APA
U.S. Congress. (2026). S. Con. Res. 71: A concurrent resolution expressing the sense of the Congress that the President, the Board of Governors of the Federal Reserve System, and the Congress must coordinate fiscal and monetary policy to insure that economic recovery and stable economic growth are not hindered by excessively restrictive monetary policy and high interest rates.. 97th Congress. Open America. https://openamerica.io/bill/97-SCONRES-71/
MLA
"S. Con. Res. 71: A concurrent resolution expressing the sense of the Congress that the President, the Board of Governors of the Federal Reserve System, and the Congress must coordinate fiscal and monetary policy to insure that economic recovery and stable economic growth are not hindered by excessively restrictive monetary policy and high interest rates.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-SCONRES-71/.
Bluebook (legal)
S. Con. Res. 71, 97th Cong. (2026), https://openamerica.io/bill/97-SCONRES-71/.
Markdown link
[S. Con. Res. 71: A concurrent resolution expressing the sense of the Congress that the President, the Board of Governors of the Federal Reserve System, and the Congress must coordinate fiscal and monetary policy to insure that economic recovery and stable economic growth are not hindered by excessively restrictive monetary policy and high interest rates.](https://openamerica.io/bill/97-SCONRES-71/)
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