Senator Lummis Says Trump Supports Her BITCOIN Act That Could Erase U.S. Debt
Bitcoin Magazine Senator Lummis Says Trump Supports Her BITCOIN Act That Could Erase U.S. Debt In a powerful address on Capitol Hill today, Senator Cynthia Lummis made her stance clear: the United States is out of time—and out of traditional options. “The BITCOIN Act is the only solution to our nation’s $36T debt,” she said, while mentioning she has President Donald Trump’s support for her initiative. “I’m grateful for a […] This post Senator Lummis Says Trump Supports Her BITCOIN Act That Could Erase U.S. Debt first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
Bitcoin Magazine
Senator Lummis Says Trump Supports Her BITCOIN Act That Could Erase U.S. Debt
In a powerful address on Capitol Hill today, Senator Cynthia Lummis made her stance clear: the United States is out of time—and out of traditional options. “The BITCOIN Act is the only solution to our nation’s $36T debt,” she said, while mentioning she has President Donald Trump’s support for her initiative. “I’m grateful for a forward-thinking president who not only recognizes this, but acts on it.”
If enacted into law, the BITCOIN Act would see the U.S. purchase 200,000 bitcoin per year for five years—creating a 1,000,000 BTC reserve held for at least two decades.