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A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.

USA117th CongressSRES-724| Senate 
| Updated: 7/27/2022
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (3)
Rick Scott (Republican)Cynthia M. Lummis (Republican)Tim Scott (Republican)

Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.
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Timeline
Jul 27, 2022
Introduced in Senate
Jul 27, 2022
Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
  • July 27, 2022
    Introduced in Senate


  • July 27, 2022
    Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)

Finance and Financial Sector

A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.

USA117th CongressSRES-724| Senate 
| Updated: 7/27/2022
This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 27, 2022
Introduced in Senate
Jul 27, 2022
Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
  • July 27, 2022
    Introduced in Senate


  • July 27, 2022
    Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (3)
Rick Scott (Republican)Cynthia M. Lummis (Republican)Tim Scott (Republican)

Homeland Security and Governmental Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted