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Sen. Mike Lee tells Utah lawmakers federal policies are squeezing opportunity; urges full funding for PILT
Summary
U.S. Sen. Mike Lee addressed the Utah House on Feb. 19, warning of an "economic opportunity crisis," criticizing regulatory costs and the attachment of PILT to the recent Farm Bill. He said he voted against the bill and urged lawmakers to press for standalone, fully funded PILT.
U.S. Sen. Mike Lee told members of the Utah House on Feb. 19 that the country faces an "economic opportunity crisis" that has weakened upward mobility and burdened middle‑class families.
"We do have something of an economic opportunity crisis in America," Lee said, arguing that excessive federal regulation and special‑interest protections have reduced economic mobility. He cited what he described as the annual compliance cost of federal regulations: "about $2,000,000,000,000 a…
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