Expressing the sense of the House of Representatives that two consecutive quarters of negative growth in gross domestic product, as reported by the Bureau of Economic Analysis, constitutes a recession.

Bill: 117-hres-1290
Sponsor: full_name: Rep. Schweikert, David [R-AZ-6]
Introduced: 2022-07-27
Policy area: Finance and Financial Sector
Latest action: action_date: 2022-07-27
text: Referred to the House Committee on Oversight and Reform.

Summaries:
action_date: 2022-07-27
action_desc: Introduced in House
text: <p>This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.</p>

tv_txt: IV 117th CONGRESS 2d Session H. RES. 1290 IN THE HOUSE OF REPRESENTATIVES July 27, 2022 Mr. Schweikert submitted the following resolution; which was referred to the Committee on Oversight and Reform RESOLUTION Expressing the sense of the House of Representatives that two consecutive quarters of negative growth in gross domestic product, as reported by the Bureau of Economic Analysis, constitutes a recession.

That it is the sense of the House of Representatives that two consecutive quarters of negative growth in gross domestic product, as reported by the Bureau of Economic Analysis, constitutes a recession.