Economy & Small Business
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the House of Representatives approved HR 3463, a bill to eliminate the Presidential Election Campaign Fund and the Election Assistance Commission. These outdated programs use taxpayer money to fund presidential campaigns and political nominating conventions. The Federal Election Commission (FEC) recently announced that the Republican and Democratic parties received $17.7 million each in taxpayer funding for their 2012 presidential nominating conventions.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the House of Representatives voted on H.J. Res. 2, a Balanced Budget Amendment to the Constitution:
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the Obama White House released its latest debt plan, which calls for $1.5 trillion in new taxes:
"This proposal is more about election year politics than deficit reduction. The fact that President Obama once again failed to propose serious reforms to entitlement programs -- which are the main drivers of the debt -- shows he is interested not in solving problems but in scoring political points.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the voting in favor of the Budget Control Act:
"While this agreement doesn't have everything we would have liked, there is no question that it adheres to the conservative principles we have maintained throughout this debate. We promised the American people that we would not allow a debt ceiling increase without corresponding spending cuts, that we would not allow tax hikes, and that we would advance a Balanced Budget Amendment. We have achieved all of these objectives.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the voting against H.R. 2693, Senator Harry Reid’s debt limit increase bill:
"The Reid plan contains so-called spending cuts that are nothing more than smoke and mirrors. More than $1 trillion of the savings in the bill come from war spending for Iraq and Afghanistan that has never been requested in the first place. The only real cuts in the legislation are aimed at defense and would put America at risk.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the voting in favor of the Budget Control Act of 2011:
"House Republicans have now voted twice to avoid default and bring a responsible end to the debt ceiling crisis. Senate Democrats have passed nothing. President Obama has offered obstacles and veto threats but has never publicly presented his own plan.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the voting in favor of the Cut, Cap and Balance Act.
"America is going bankrupt unless we act now to cut spending and balance the budget.
"Cut, Cap and Balance is a comprehensive plan to reverse the debt and bring permanent reform to Washington spending by making immediate cuts, mandating enforceable spending caps, and letting the states vote on a Balanced Budget Amendment for the federal government.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the voting against H.R. 1954 - a bill to implement the president's request to increase the statutory limit on the public debt.
"Today's vote sends a clear signal to the markets and to the American people that we are serious about cutting spending. No longer will it be a matter of routine for Congress to automatically vote to raise the debt limit.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement in after voting in favor of H.Con.Res 34, the House Republican 2012 budget resolution introduced by Budget Committee Chairman Paul Ryan.
Cole serves on the House Budget Committee and the Appropriations Committee.
"Today's vote marks a turning point for the economy. The Ryan Budget cuts $6.2 trillion and signals the end of business as usual in Washington. After years of reckless spending and trillion-dollar deficits, Congress has finally gotten on the right fiscal path.