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DOLLARS & CENTS




The founders of our state
understood the importance of fiscal responsibility and a balanced
budget. Our state constitution dictates it, and though it
frequently brings challenges, such as the one we face now, we
operate within our means and have accumulated a rainy-day fund
that helps us weather tough economic times. It means, at times,
making hard decisions about what to fund and what to put off to
another year.

Unfortunately, the United States
Congress does not have the same constitutional framework around
its budget process. Nor does it seem to have the same political
will to get our fiscal house in order. So instead of having a
rainy-day fund, the U.S. government has $28 trillion of debt
staring us down.

We've become numb to the word
"trillion." We talk about trillions of dollars like we used to
talk about billions of dollars. To be clear, a trillion is not a
couple million. It's not even a couple billion. A trillion is one
thousand billion. To illustrate, if you stacked 1.9 trillion
dollar bills on top of each other, you'd stack them half way to
the moon. If I had $1 trillion, I could give $130 to every human
on this planet. This is no small sum.

Since returning to Washington,
I've been vocal about my concerns surrounding the national debt
and our reckless spending habit. I've introduced two bills, The
Sustainable Budget Act and the Pay Down the Debt Act. The
Sustainable Budget Act creates a commission tasked with creating
a bipartisan plan to reduce the deficit and balance the federal
budget within 10 years. The solution must be bipartisan, and must
have the approval of 2/3 of the committee. If they succeed, the
commission is dismantled. If they fail, they're dismantled and
we'll try something else.

I introduced the Pay Down the
Debt Act with Senator Rick Scott from Florida. This bill would
empower states to return unnecessary federal funds to the
Treasury in order to pay down the national debt. When Senator
Scott was governor of Florida, he refused over $2 billion for a
lightrail train. Instead of those funds going back to the
Treasury, they were redirected to California for a high-speed
rail project in California. That project is 13 years behind
schedule and nearly $44 billion over budget. The federal
government has sunk $3.5 billion into this project.

Our national debt and continued
reckless spending have direct consequences for our economy,
household incomes and savings, policy decisions, national
security and ultimately American exceptionalism. Without real
changes in how we approach spending, we will continue to saddle
future generations with mountains of debt and risk losing our
place as the global financial leader. It's time to set our sights
on fiscal responsibility.

Happy Trails,
Cynthia Lummis

















WORKING
IN WASHINGTON



Legislative Actions:

I cosponsored
Senator Tina Smith's (D-WI) Investments in Rural Transit Act.
This bill would allow rural transit operations to receive up to
80% in federal funds for operational expenses.
I cosponsored
Senator Mike Crapo's (R-ID) bill on water tax reform. This bill
would allow mutual water storage and delivery companies to
maintain their tax-exempt status even if they receive more than
15% of their revenue from non-members.
I cosponsored
Senator Mike Braun's (R-IN) Growing Climate Solutions Act. This
bill would promote agriculture as a positive solution to carbon
emissions and provide resources to increase voluntary agriculture
producer participation in environmental credit markets.

Votes:

On the nomination
of Christopher Fanzone to be General Counsel to the Office of the
Director of National Intelligence

Opposed


On the nomination
of Krian Ahuja to be Director of the Office of Personnel
Management

Opposed


On the motion to
end debate and proceed to a vote on S.1 - the For the People Act

Opposed
Read my
statement regarding this legislation here.


S. 1251 - Growing
Climate Solutions Act

Supported



Committee Hearings:


Committee on
Banking, Housing, and Urban Affairs

Hearing to
consider the nominations of Brian Nelson to be Under Secretary
for Terrorism and Financial Crimes and Elizabeth Rosenberg to be
Assistant Secretary for Terrorist Financing at the Department of
Treasury

























WORKING
IN WYOMING



Media:



I joined Glenn
Woods on Wake Up Wyoming to talk about the Financial Innovation
Caucus and Wyoming's success in this space.




Upcoming Remote
Office Hours:

July 15 - Field
Representative Martha Wilson will be in Albin, Burns, and Pine
Bluffs to meet with constituents. Call 307-772-2477 or email
[email protected] to set up a meeting.

News from Around
Wyoming:


Sheridan VA
Further Expanding Telehealth Services - In rural states like
Wyoming, telehealth is critical to providing robust healthcare
services. With this expansion, veterans won't have to travel or
be contracted out to different providers for more of their
routine care. If you need help accessing services through the VA,
please contact one of my state offices.




Northern Arapaho
elder Crawford White Eagle posthumously awarded UW doctorate -
Crawford White Eagle Sr. is a more than fitting recipient of this
honorary doctorate. His contribution to native education is
unmatched in our state.



Wyoming Game &
Fish GIS Team Win International Award for Work Upgrading Map Data
Systems - Innovation is all over Wyoming, and it's great to see
the team at Wyoming Game and Fish recognized for their ingenuity
and creativity.




















ONE FUN THING




My Director of Business Outreach
Brendan Ames (Cheyenne) is competing at the Olympic trials in
Eugene, OR this weekend. He is competing to represent Team USA in
the 110m hurdles. I'll be cheering him on this weekend and
crossing my fingers that I'll get to cheer him on at the Olympics
in Tokyo!











Office Locations











Cody
1285 Sheridan Avenue
Suite 210
Cody, WY 82414
Phone: 307-527-9444


Cheyenne
Federal Center
2120 Capitol Avenue
Suite 2007
Cheyenne, WY 82001
Phone: 307-772-2477







Casper
Dick Cheney Federal
Bldg.
100 East B Street,
Suite 3201
PO Box 33201
Casper, WY 82601
Phone: 307-261-6572


Washington, DC
Russell Senate Office
Building
Room SR 124
Washington, DC 20510
Phone: 202-224-3424

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