United States · Resolution · SRES
S.Res. 136 (117th)
A resolution recognizing the duty of the Senate to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation.
Introduced
25 March 2021
Last action
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Status
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1831-1832)
Sponsors
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Subjects
Discovery layer
Source updated
7 April 2025
Summary
This resolution recognizes that (1) large deficits are unsustainable, irresponsible, and dangerous; (2) the acceptance of Modern Monetary Theory will lead to higher deficits and higher inflation; and (3) it is the duty of the Senate to abandon the theory.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 25 March 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 March 2021
Introduced in Senate
summary · EN · 25 March 2021
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-resolution/136
- Open data entity: https://api.congress.gov/v3/bill/117/sres/136