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- H.RES.267
H.RES.267: Recognizing the duty of the House of Representatives to abandon Modern Monetary Theory and recognizing that the acceptance of Modern Monetary Theory would lead to higher deficits and higher inflation.
About This Bill
- Introduced March 23, 2021
- Latest Major Action March 23, 2021
Bill Sponsor
Bill Cosponsors
4 (All Republicans)
Bill Version
- Introduced in House - March 23, 2021
Bill 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 House of Representatives to abandon the theory.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 23, 2021 |
Referred to the House Committee on Financial Services.
|
| March 23, 2021 |
Introduced in the House by Kevin Hern (R-Okla.) |