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S.Res. 724

ResolutionFederalSenateIntroduced
Expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.
About This Bill
Introduced
Congress
117th (2021–2023)
Introduced
July 27, 2022
Cosponsors (3)
0D 3R
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Summary

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This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.

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