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American Action Forum Issues Commentary: End to AI Competition? Senator Sanders' Plan
June 19, 2026
WASHINGTON, June 19 -- The American Action Forum issued the following commentary on June 18, 2026, by Competition Policy Director Fred Ashton:

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An End to AI Competition? Senator Sanders' Plan

Executive Summary

* Senator Bernie Sanders (I-VT) introduced the American AI Sovereign Wealth Fund Act, a sweeping legislative proposal that would levy a tax equal to a 50-percent equity stake in artificial intelligence (AI) and advanced robotics . . .

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