H.Res. 1049 — Recognizing the duty of the House of Representatives to condemn Modern Monetary Theory and recognizing that the implementation of Modern Monetary Theory would lead to higher deficits and higher inflation.

Summary

This resolution recognizes that (1) deficits are unsustainable, irresponsible, and dangerous; (2) the implementation of Modern Monetary Theory will lead to higher deficits and higher inflation; and (3) it is the duty of the House of Representatives to condemn the theory.

Full Text

Related Legislation

S.Res. 182A resolution recognizing the duty of the Senate to condemn Modern Monetary Theory and recognizing Modern Monetary Theory would lead to higher deficits and higher inflation.
2019-05-01Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S2576)
Related

Legislative Actions

2020-07-16
Introduced in House
2020-07-16
Introduced in House
2020-07-16
Referred to the House Committee on Financial Services.

Recognizing the duty of the House of Representatives to condemn Modern Monetary Theory and recognizing that the implementation of Modern Monetary Theory would lead to higher deficits and higher inflation.

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill