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.

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

1. 1 March 2023

   Introduced

   Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S572-573)

   Source: IntroReferral

2. 1 March 2023

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 1 March 2023 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 1 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 1 March 2023

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 1 March 2023

  Open at official source

Sponsors

• Sen. Braun, Mike [R-IN] · R · Sponsor
• Bill Cassidy · R · Sponsor
• Rick Scott · R · Sponsor
• · ssbk00 · Standing

Related records

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