Energy for America’s Economic Future Act

This bill creates a special fund meant to help pay down the national debt. Every three months, 25% of the money the government earns from activities related to building artificial intelligence infrastructure in the U.S., along with 25% of the money earned from selling oil and gas leases on federal land, must be put into this fund. The oil and gas money includes payments companies make when they win a lease, as well as royalties, rent, and fees they pay over the life of the lease.

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