HRES 267 United States House · 117th Congress

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.

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.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2021

Committee Review

Floor Vote

President

Introduced Mar 23, 2021 Last action Mar 23, 2021

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Full legislative history

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Committee

Mar 23, 2021

Committee

Referred to the House Committee on Financial Services.

lower

Mar 23, 2021

Introduced

Introduced in House

lower

1 primary · 4 co-sponsors