# 118-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.

118-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., is a 118th Congress bill sponsored by Sen. Braun, Mike [R-IN] (R-IN); status Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S572-573) (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/118-sres-89
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 118-sres-89
- Congress: 118
- Title: 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.
- Status: Referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S572-573)
- Introduced: 2023-03-01
- Sponsor: Sen. Braun, Mike [R-IN] (R-IN)
- Cosponsors: 2
- Policy area: Economics and Public Finance
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

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.

## Cosponsors (2)

- Sen. Cassidy, Bill [R-LA] (R-LA), 2023-03-01T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2023-03-01T00:00:00.000Z

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## Sources
- [118-sres-89 on Congress.gov](https://www.congress.gov/bill/118th-congress/senate-resolution/89)

## Related
- [118-s-91: Forgotten Heroes of the Holocaust Congressional Gold Medal Act](https://policyrisk.com/legislation/118-s-91)
- [118-sres-925: A resolution relating to the death of the Honorable Fred R. Harris, former Sena…](https://policyrisk.com/legislation/118-sres-925)
- [118-sres-914: A resolution expressing support for the goals of National Adoption Day and Nati…](https://policyrisk.com/legislation/118-sres-914)
- [118-sres-902: A resolution relating to the death of Timothy Peter Johnson, former Senator for…](https://policyrisk.com/legislation/118-sres-902)
- [118-sres-890: A resolution condemning the brutal Hamas-led terrorist attack on Israel on Octo…](https://policyrisk.com/legislation/118-sres-890)
- [118-sres-888: A resolution honoring the life of James Ralph Sasser, former Senator for the St…](https://policyrisk.com/legislation/118-sres-888)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/118-sres-89 (as of 2026-10-15).