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- S.RES.136
S.RES.136: 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.
About This Bill
- Introduced March 25, 2021
- Latest Major Action March 25, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - March 25, 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 Senate to abandon the theory.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 25, 2021 |
Referred to the Committee on Banking, Housing, and Urban Affairs.
|
| March 25, 2021 |
Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1831-1832)
|
| March 25, 2021 |
Introduced in the Senate by Mike Braun (R-Ind.) |