SRES 89 · 118th Congress · Economics and Public Finance

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 2023-03-01· Sponsored by Sen. Braun, Mike [R-IN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S572-573)(2023-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans
Sen. Cassidy, Bill [R-LA]LA
Sen. Scott, Rick [R-FL]FL