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United States · Resolution · SCONRES

S.Con.Res. 80 (97th)

A concurrent resolution relating to interest rates.

referredUnited States· United States Congress· EN

Introduced

14 April 1982

Last action

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Status

Read twice and referred to the Committee on Banking.

Sponsors

—

Subjects

Discovery layer

Source updated

14 January 2025

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Summary

Expresses the sense of the Congress that: (1) the Board of Governors of the Federal Reserve System shall increase 1982 monetary targets to encourage interest rates to fall; (2) the Board and the administration shall work together to set targets which are consistent with economic recovery and a balanced budget by the mid-1980's; and (3) specified congressional committees shall be advised by the President or the Board if fiscal policy or new economic conditions require a change from the direction set forth by this resolution.

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Documents

1 official file

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