Energy for America’s Economic Future Act

# Energy for America's Economic Future Act - Summary **What the Bill Would Do** This bill would create a special fund dedicated to paying down the national debt. The fund would be filled with 25% of revenue from two sources: money earned from federal oil and gas leases (including upfront bonus bids and ongoing royalties) and revenue generated by artificial intelligence infrastructure development in the U.S. The remaining 75% of these revenues would go to other government uses as currently determined. **Who It Affects and Key Details** The bill primarily affects the federal government's budget and debt management.

It would indirectly impact oil and gas companies operating on federal lands, AI technology developers, and taxpayers concerned about national debt. The legislation treats revenue from oil and gas development and AI infrastructure as linked funding sources for debt reduction, essentially dedicating a portion of money the government collects from these economic activities specifically to reducing what the country owes rather than using it for other government programs. **Current Status** The bill was introduced in the 119th Congress by Senator Eric Schmitt (R-MO) and is currently in committee, meaning it has not yet been debated or voted on by the full Senate.