Lawmakers also should consider deregulatory measures like the “No Cost Stimulus” bill introduced by Sen. David Vitter, Louisiana Republican. This legislation would create an estimated 3 million new jobs by opening closed areas of the Outer Continental Shelf for oil and gas exploration, and streamlining the licensing of nuclear power plants. This also would create royalty revenues for the government that the bill directs to a new trust fund that can promote renewable energy.
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