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United States · Resolution · HCONRES

H.Con.Res. 160 (97th)

A concurrent resolution expressing the sense of the Congress with respect to monetary policy, inflation and high interest rates.

referredUnited States· United States Congress· EN

Introduced

21 July 1981

Last action

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Status

Received in the Senate, and referred to the Committee on Banking.

Sponsors

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Subjects

Discovery layer

Source updated

14 January 2025

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Summary

Expresses the sense of Congress that the administration should: (1) take immediate action to reduce the future budget deficit and so permit lower interest rates; (2) design and implement a policy of encouraging the banking system to concentrate available credit on those uses which contribute most to long-term productivity improvement and inflation fighting; and (3) encourage the Federal Reserve to lower interest rates in response to these measures.

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Documents

2 official files

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Sources

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