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House hearing spotlights Lasso Act and push to channel public‑lands revenue into Social Security
Summary
Witnesses and members debated proposals to increase resource production on federal lands and a bill, H.R. 34 (the Lasso Act), that would direct 10% of revenues from public‑lands activities to the Social Security Trust Fund.
Chairman Gosar opened a House Natural Resources Subcommittee hearing by framing the meeting as an inquiry into “the economic potential of the golden age of American energy dominance” and introduced H.R. 34, the Lasso Act, which he described as a measure to allocate 10% of revenue from activities on Department of the Interior and Forest Service lands to the Social Security Trust Fund. "What better way to have that than to go into [the] Social Security Fund?" he said.
The Lasso Act and the broader policy push to expand energy development on federal lands were presented as mutually reinforcing in testimony. Jerry Taylor, a Garfield County commissioner, told the subcommittee that counties with high shares of federal land depend on activity on those…
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