Economy & Small Business
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) made the following remarks on the House floor in support of HR 205, the Hearth Act
Today's parents face a prospect rare in American history: the possibility that our children and grandchildren will inherit an America with less opportunity and prosperity than previous generations enjoyed. Integral to the American Dream is the assumption that each generation will enjoy a higher standard of living and economic opportunity than their parents did. However, the economic downturn and unsustainable government debt levels have combined to create troubling economic trends that point to an uncertain future for today's young people.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after the House of Representatives approved H.Con.Res. 112, the "Path to Prosperity" Budget Resolution setting spending limits for 2013. The House Republican budget cuts $5 trillion, protects defense funding, reforms the tax system, and brings needed reforms to health and retirement security programs. Cole also voted in favor of the “Cut, Cap, and Balance” Budget. This budget plan was introduced by the Republican Study Committee, a caucus of House conservatives of which he is a member.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after House Republicans released their Fiscal Year 2013 budget resolution – The Path to Prosperity. Cole serves on the House Budget Committee and the House Appropriations Committee.
"The House Republican budget provides serious, principled solutions to not only lower our crippling national debt but also to grow the economy and strengthen health and retirement security.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the House of Representatives approved legislation to extend the payroll tax cut for the remainder of 2012. The legislation also reforms and extends unemployment insurance and prevents cuts to reimbursement rates for physicians who treat Medicare patients:
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) pressed Federal Reserve Chairman Ben Bernanke on the necessity of entitlement reform to balance the budget. During a hearing of the House Budget Committee on Thursday, Cole asked Bernanke if a combination of revenue increases and spending cuts would be sufficient to address long-term structural debt. In response to Bernanke's admission that Congress "could cut discretionary spending pretty close to zero and not solve the problem in the long term," Cole released the following statement:
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the House of Representatives voted to work with the Senate to extend the payroll tax holiday for one full year. On December 13, the House passed the Middle Class Tax Relief & Job Creation Act, which would extend the payroll tax holiday for one year, reform and extend unemployment benefits, protect access to doctors for Medicare beneficiaries, and accelerate a decision on the Keystone pipeline. The Senate payroll tax plan would only extend the tax cut for two months.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the Senate approved a temporary extension of the payroll tax holiday:
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the House of Representatives approved an appropriations bill to fund government operations for fiscal year 2012:
"For the second year in a row, Congress has actually decreased spending. This bill represents a turning point from the years when Washington spending increased automatically, year after year.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after voting in favor of H.R. 3630 - the Middle Class Tax Relief & Job Creation Act. The bill, which was approved by the House of Representatives Tuesday, extends the payroll tax holiday for one year, reforms and extends unemployment benefits, protects access to doctors for Medicare beneficiaries, and accelerates a decision on the Keystone pipeline.