Loading chat...

MI SR0049

Resolution

Status

Introduced

4/26/2017

Primary Sponsor

Bertram Johnson

Click for details

Origin

Senate

99th Legislature

AI Summary

  • Urges the President and Congress to pursue a long-term, infrastructure- and industrial-driven economic recovery plan to address financial market instability and anemic economic growth.

  • Calls for restoration of the Glass-Steagall Act to separate commercial and investment banking and stabilize the financial system.

  • Requests creation of a new national bank funded with $2 trillion in non-taxpayer money to finance large-scale infrastructure development, including at least 25,000 miles of high-speed rail, maglev trains, energy projects, and water systems.

  • Proposes establishment of a new space program to advance scientific innovation, including building a manned lunar presence and exploring the solar system.

  • Directs transmission of the resolution to the President, Congress leadership, and Michigan's congressional delegation.

Legislative Description

A resolution to urge the President and Congress of the United States to pursue a long-term, durable infrastructure- and industrial-driven economic recovery plan.

U.S. Economic Recovery Plan

Last Action

Referred To Committee On Government Operations

4/26/2017

Committee Referrals

Government Operations4/26/2017

Full Bill Text

No bill text available