Economy & Small Business
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after the House passed the Republican budget resolution to balance the budget in 10 years.
House Republicans presented our annual budget blueprint last week, followed the next day by Senate Democrats. The contrast between the two plans could not be more stark.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after the House Budget Committee and Chairman Paul Ryan released “The Path to Prosperity: A Responsible, Balanced Budget.” This fiscal year 2014 budget resolution will balance the budget within 10 years.
Much like the Mayan Apocalypse, the dreaded beginning of sequestration came and went without much fanfare. After the $85 billion in across-the-board spending cuts went into effect on March 1, President Obama’s doomsday prophecies were exposed as politically motivated exaggerations and, in some cases, outright fallacies.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after the House passed H.R. 933, the Department of Defense, Military Construction and Veterans Affairs, and Full-Year Continuing Appropriations Act of 2013. The bill will fund the government through the end of the fiscal year in September, replacing the temporary funding measure that expires March 26.
It's not hard to find examples of wasteful government spending. The IRS has its own television studio that costs taxpayers $4 million per year to operate. The National Science Foundation paid seniors $1.2 million to play video games for a study. Just last year, the government shelled out an estimated $115 billion in payments to ineligible individuals.
President Obama's State of the Union address was even more disappointing than his inauguration speech. Once again, the president disregarded the gravity of our economic challenges and outlined an old-school liberal agenda that is utterly out of step with our problems.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after President Obama delivered his annual State of the Union address to a joint session of Congress:
"President Obama's assessment of the state of our union fails to appreciate the gravity of our economic challenges.