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United States · Resolution · HRES

H.Res. 281 (97th)

A resolution to lower and stabilize interest rates.

referredUnited States· United States Congress· EN

Introduced

19 November 1981

Last action

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Status

Referred to Subcommittee on Domestic Monetary Policy.

Sponsors

—

Subjects

Discovery layer

Source updated

6 February 2024

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Summary

Directs the President, the Board of Governors of the Federal Reserve System, and 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; and (2) increase government revenues by eliminating existing preferences. States that the Board of Governors should responsibly increase the money supply.

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Documents

1 official file

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Sources

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