# 117-hres-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.

117-hres-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., is a 117th Congress bill sponsored by Rep. Hern, Kevin [R-OK-1] (R-OK); status Referred to the House Committee on Financial Services. (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/117-hres-267
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hres-267
- Congress: 117
- Title: 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.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2021-03-23
- Sponsor: Rep. Hern, Kevin [R-OK-1] (R-OK)
- Cosponsors: 4
- Policy area: Economics and Public Finance
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

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.

## Cosponsors (4)

- Sen. Budd, Ted [R-NC] (R-NC), 2021-03-23T00:00:00.000Z
- Rep. Baird, James R. [R-IN-4] (R-IN), 2021-03-23T00:00:00.000Z
- Rep. Bishop, Dan [R-NC-9] (R-NC), 2021-04-01T00:00:00.000Z
- Rep. Norman, Ralph [R-SC-5] (R-SC), 2021-04-01T00:00:00.000Z

## Related bills

- 117-hr-1448: PAWS for Veterans Therapy Act
- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-1057: Greatest Generation Commemorative Coin Act
- 117-hjres-72: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Centers for Disease Control and Prevention rel…
- 117-hres-921: Directing the Clerk of the House of Representatives to place a real time display of the United States total outstanding national debt in the House Chamber.
- 117-hjres-67: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Centers for Medicare & Medicaid Services r…

## Sources
- [117-hres-267 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-resolution/267)

## Related
- [117-hr-1448: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/117-hr-1448)
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-1057: Greatest Generation Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1057)
- [117-hjres-72: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-72)
- [117-hres-921: Directing the Clerk of the House of Representatives to place a real time displa…](https://policyrisk.com/legislation/117-hres-921)
- [117-hjres-67: Providing for congressional disapproval under chapter 8 of title 5, United Stat…](https://policyrisk.com/legislation/117-hjres-67)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hres-267 (as of 2026-10-15).