A resolution to lower and stabilize interest rates.

Summary

Directs the President, the Board of Governors of the Federal Reserve System, and the Congress to take the following steps to lower and stabilize interest rates: (1) make immediate spending cuts by identifying and eliminating nonessential and low-priority items which may remain in the budget; (2) increase government revenues by eliminating existing preferences; and (3) the Board of Governors should prudently increase the money supply.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 11 September 1981

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

2. 11 September 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 11 September 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 9 October 1981

   Referred

   Referred to Subcommittee on Domestic Monetary Policy.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 11 September 1981

  Open at official source

Sponsors

• Rep. Brinkley, Jack [D-GA-3] · D · Sponsor
• Rep. Nichols, Bill [D-AL-3] · D · Sponsor
• Rep. Gunderson, Steve [R-WI-3] · R · Sponsor
• Rep. Lloyd, Marilyn [D-TN-3] · D · Cosponsor
• Rep. Hutto, Earl [D-FL-1] · D · Cosponsor
• Del. Won Pat, Antonio B. [D-GU-At Large] · D · Cosponsor
• Rep. Ginn, Bo [D-GA-1] · D · Cosponsor
• Rep. Rinaldo, Matthew J. [R-NJ-12] · R · Cosponsor
• Rep. Gingrich, Newt [R-GA-6] · R · Cosponsor
• Rep. Chappell, Bill, Jr. [D-FL-4] · D · Cosponsor
• Rep. Bevill, Tom [D-AL-4] · D · Cosponsor
• Rep. Mollohan, Robert H. [D-WV-1] · D · Cosponsor
• Rep. Duncan, John J. [R-TN-2] · R · Cosponsor
• Rep. Seiberling, John F. [D-OH-14] · D · Cosponsor
• · hsba00 · Standing
• · hswm00 · Standing

Related records

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