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MS HR17
Resolution
Status
3/29/2017
Primary Sponsor
David Baria
Click for details
AI Summary
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Urges Congress to restore the Glass-Steagall Act provisions separating investment and commercial banking by passing HR 381 and S1709
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Calls for creation of a National Infrastructure Bank with at least $1 trillion in federally insured credit dedicated to infrastructure and job creation
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Advocates using federal credit to build high-speed rail networks, power generating systems, and water projects to protect Mississippi's coastline from hurricanes and flooding
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Requests expansion of the space program including the Stennis Space Center, permanent Moon missions, and a crash program to develop fusion power
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Cites concerns over $250 trillion in derivatives contracts held by federally insured banks and stagnant economic indicators including GDP growth of only 1-2% and productivity expansion of just 0.5% annually
Legislative Description
American Economic Recovery Program; urge Congress to enact.
Last Action
Died In Committee
3/29/2017