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.
USA116th CongressSRES-182| Senate
| Updated: 5/1/2019
David Perdue
Republican Senator
Georgia
Cosponsors (4)
Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in Senate
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2576)
Economics and Public Finance
Budget deficits and national debtEconomic theoryMonetary 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.
USA116th CongressSRES-182| Senate
| Updated: 5/1/2019
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2576)
David Perdue
Republican Senator
Georgia
Cosponsors (4)
Banking, Housing, and Urban Affairs Committee
Economics and Public Finance
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Budget deficits and national debtEconomic theoryMonetary policy