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Robust International Response to Pandemic Act (HR 986)
The Robust International Response to Pandemic Act (HR 986), co-led by Reps. Chuy Garcia, Jan Schakowsky, and Mark Takano would instruct the US representative to the IMF to support issuing 2 trillion SDR.
The bill was previously introduced as HR 6581 on April 21, 2020 and reintroduced on February 12, 2021 (see the bill text and press release).
HR 986 also requires:
Debt Relief. Instructs US representatives to the international financial institutions to support a suspension of debt payments to those institutions during the COVID-19 pandemic.
Protection of Public Health Spending. Instructs US representatives to the international financial institutions to oppose programs that undermine countries’ ability to respond to COVID-19, such as those that encourage cuts to public health spending.