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.

Senate Resolution 89 is a non-binding measure that formally expresses the Senate's opposition to Modern Monetary Theory (MMT), an economic framework suggesting that countries with their own currencies can spend freely regardless of tax revenue. The resolution asserts that adopting this theory would lead to unsustainable national deficits and increased inflation, which could diminish the purchasing power of American households. While the resolution does not change existing laws or government spending, it serves as a formal declaration of intent by the Senate to prioritize traditional fiscal policies and debt reduction.