legislation: 98-sconres-73

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
98-sconres-73 98 sconres 73 An original concurrent resolution relating to the coordination of monetary and fiscal policies. Economics and Public Finance 1983-10-05 1983-10-05 Placed on Senate Legislative Calendar under General Orders. Calendar No. 456. Senate Sen. Garn, E. J. (Jake) [R-UT] UT R G000072 0 Declares that it is the sense of Congress that there should be coordination of fiscal and monetary policy to reduce interest rates and that the Federal Reserve should: (1) continue to guide its behavior by reference to monetary and credit aggregates; (2) follow a monetary policy consistent with a continued reduction of interest rates; and (3) strive for greater stability in the growth rates of the monetary aggregates. Directs the Federal Reserve Board to include in its reports to Congress an analysis of the effects in current and prospective years on credit markets and the economy: (1) of the Federal budgets deficits or surpluses projected for the next three fiscal years in certain presidential and congressional documents; and (2) of alternative deficits or surpluses. 2025-01-14T18:20:21Z  

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