Idaho Legislature urges Congress to authorize treasury trust bonds backed by gold reserves.
The Idaho Legislature expresses support for treasury trust bonds, which would be backed by a portion of the nation's gold reserves. The bonds would be redeemable in either U.S. dollars or a fixed weight of gold, aiming to enhance fiscal discipline and global confidence in the dollar. The Legislature urges Congress to enact enabling legislation for these bonds and calls on Idaho's congressional delegation to advocate for their passage.
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