MMT - Is the Federal Reserve System Creating Money?

MMT is trying to help give people a better understanding of public finances. When Congress authorizes, let's say the CARES Act and $2.2 trillion, they are committing to spending money they do not have. They know that when they pass a bill like that, they're effectively ordering up new dollars from the Fed. The focus is just on the public budget and the creation of public money through those channels.