July 4th is Independence Day, the day we signed the Declaration of Independence. Varied historical accounts assert that it wasn't completely signed by all 56 delegates until August 2, 1776.

While it is sheer coincidence that 235 years later August 2 is once again looming as an important date in American history, it is an important fact to point out.
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We've got to make changes right now. And the only way that we can commit to future cuts, to future structural reforms, the only way we can bind future Congresses is by amending the U.S. Constitution, to change the way we spend money, limit spending as a percentage of GDP and to require a supermajority to spend more than we have or to raise taxes.
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Today, the President announced he was ordering the release of 30 million barrels of oil from the U.S. Strategic Petroleum Reserve. Having spent the better part of his administration preventing the development of America's oil and natural gas resources and increasing costs for our domestic energy companies, this announcement can only be viewed as a shrewd political move by the President.
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Last night, the President outlined his plan to reduce our military footprint in Afghanistan. It includes a reduction of 5000 troops starting this summer and an additional 5000 troops by the end of the year. The President expects to redeploy the 33,000 troops that were sent over as a result of the Afghan “surge” by the end of next year.
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Significant events of the last week include the revocation of the Obama Administration's Wild Lands Policy, continued deterioration of the American economy, a call for hearings on the Hatch-Lee Balanced Budget Amendment, and movement towards a resolution requiring President Obama to justify military action in Libya.
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Today, all 8 Republican members of the Judiciary Committee sent a letter to Senator Dick Durbin, Chairman of the Subcommittee on the Constitution calling for immediate hearings on the Hatch-Lee Balanced Budget Amendment. As our astounding national debt mounts, Congress must take swift action to correct the fundamental and structural problems with the way Washington spends money. The current system encourages Congress to overspend, and only a balanced budget amendment to the Constitution will make subsequent spending reforms enforceable.
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The concept that regardless of how passionately we might feel about the need for certain government intervention, we can't ever allow government to be operating completely unfettered.

We have liberty in place whenever government is controlled by the people, and whenever there are certain things that are beyond the reach of the government.
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Several of my colleagues have expressed a number of concerns about the nomination of Goodwin Liu. I share many of those concerns and do not wish to belabor the points they have already made. I will limit my comments to two fundamental reasons why I find myself unable to support the nomination of Professor Liu to serve as a Judge on the U.S. Court of Appeals for the Ninth Circuit.
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Today’s Agenda

This morning, Senator Lee will meet with a group of policy leaders at an event hosted by Citizens Against Government Waste to talk about the nation’s fiscal crisis.  He has a meeting with the Judiciary Committee to discuss ways to make the immigration court system more efficient, and the Energy and Natural Resources Committee will discuss pending legislation before the Public Lands and Forests Subcommittee.   The Senator has media interviews with the Salt Lake Tribune, as well as Mid Utah Radio.  Finally, he will be hosting a Green Jell-O Social event for Utah constituents in Washington, D.C.

 

From the Senator’s Desk

“It has been 749 days, more than two years, since the Senate passed a budget resolution. The majority is now six weeks late in producing a budget for this year, as required by law.  Our budget is the roadmap that tells us where we’re going in our fiscal future.  It is a critical first step toward fixing the nation’s most pressing economic problems.

“Republicans in Congress have made public a number of proposals that would balance the budget, lower spending, eliminate our annual deficit, reform entitlements, simplify the tax code, and reduce the size of government.  Our side has the bulk of ideas being debated around the country, while the Democrats in Congress largely remain silent, terrified of what they perceive as the political cost of action.

“We are ready for a robust debate on the future of our country, but, as the majority, Senate Democrats must show some leadership first.  If they are unwilling to take up the proposals put forth by Republicans, then we expect the Democrats to put forward a budget of their own.”  - Mike Lee

 

#2ndOpinion

Yesterday, a cloture motion failed on legislation that would have repealed tax incentives averaging for America's top 5 oil and gas producers.  Senate Majority Leader Harry Reid said, “We have to do something about the exorbitant gas prices, and the best way to start with that is to do something about the five big oil companies getting subsidies they don't need.”

The truth is, according to the Joint Economic Committee in Congress, eliminating the incentives “will not affect the output or price of crude oil or natural gas.” 

@SenMikeLee: Tax hikes on America’s energy companies will not lower gas prices #2ndOpinion

 

Around the Water Cooler

DNews Ed: “Let the process to allow more drilling begin, and let it begin soon.”

SLTrib: Experts: Utah’s oil shale is about to start churning out fuel

Poll: “69 percent of Americans oppose raising the debt limit.”

 

A Look Ahead

On Thursday, the Subcommittee on Water and Power, for which Senator Lee is the Ranking Member, will review pending legislation.  Also, the Foreign Relations Committee will discuss the situation in Libya as the U.S. closes in on its 60th day of involvement in the conflict.