H.Con.Res. 160 — A concurrent resolution expressing the sense of the Congress with respect to monetary policy, inflation and high interest rates.

Summary

(Measure passed House, amended, roll call #169 (403-17))

Expresses the sense of Congress that the administration should: (1) take immediate action to reduce the future budget deficit and so permit lower interest rates; (2) encourage the banking system to concentrate available credit on those uses which contribute most to long-term productivity improvement and inflation fighting; and (3) encourage the Federal Reserve to lower interest rates without jeopardizing firm control over the aggregate rate of growth of money and credit.

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Legislative Actions

1981-07-21
Introduced in House
1981-07-21
Introduced in House
1981-07-21
Referred to House Committee on Banking, Finance and Urban Affairs.
1981-07-28
Called up by House Under Suspension of Rules.
1981-07-28
Passed/agreed to in House: Resolution Agreed to in House (Amended) by Yea-Nay Vote: 403 - 17 (Record Vote No: 169).
Roll Call #169 (House)
1981-07-28
Resolution Agreed to in House (Amended) by Yea-Nay Vote: 403 - 17 (Record Vote No: 169).
Roll Call #169 (House)
1981-07-29
Received in the Senate, and referred to the Committee on Banking.

A concurrent resolution expressing the sense of the Congress with respect to monetary policy, inflation and high interest rates.

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Summary

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