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.

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.

Full Text

Related Legislation

S.Res. 136A 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.
2021-03-25Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S1831-1832)
Related

Legislative Actions

2021-03-23
Introduced in House
2021-03-23
Introduced in House
2021-03-23
Referred to the House Committee on Financial Services.

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.

Sponsors

Subjects

Summary

Full Text

Related Legislation

Legislative Actions

Ask about this bill