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Senator Mike Lee (R-Utah) has introduced an amendment to the "Fiscal Responsibility Act of 2023" in a move to promote fiscal accountability and regulatory reform. The amendment seeks to strike Section 265 from the Act, a provision that undermines fiscal restraint in proposed regulatory rule-making.

Thirty-two trillion dollars—it's a colossal sum, burdening every American taxpayer. It's a tangible reflection of the prodigious debt accumulated over decades of reckless spending. The ramifications of our bloated national debt are far-reaching, felt in the daily lives of hardworking families crushed under the weight of relentless inflation. The prices of everyday necessities continue to rise, eroding purchasing power and placing an intolerable burden on America's shoulders. This staggering figure ought to jolt us from our complacency, send shivers down our spines, and compel us to confront the dire consequences of our own fiscal irresponsibility.

Sen. Mike Lee (R-UT) and Sen. Mitt Romney's (R-UT) University of Utah Research Park Act passed the Senate Energy and Natural Resources Committee on a unanimous vote.