SRES 89
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.
Jurisdiction
US Congress
Session
118th Congress (2023-2024)
Last updated at
Jun 20, 2026, 2:47 AM
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- Passed Senate
- Passed House
- To President
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Bill overview
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.
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Primary sponsor
Mike Braun
Cosponsors
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