Economy & Small Business
June 22, 2022
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after President Joe Biden asked Congress to suspend the federal gas tax for the next three months. He also called on states to follow suit and temporarily suspend their own gas taxes.
June 16, 2022
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after the House passed H.R. 7606, the Lower Food and Fuel Costs Act. Cole voted against this legislation.
June 15, 2022
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after the U.S. Federal Reserve announced today it is increasing the federal interest rate range by 0.75 percent. This is the largest interest rate increase since 1994.
Issues:Economy & Small Business
June 13, 2022
In his recent op-ed in the Washington Post, President Joe Biden claimed to have a “plan” for fighting our country’s historic inflationary crisis. Not only is this reaction too little too late, it also is out of touch and provides no new or sound policies to address skyrocketing prices, labor shortages and supply chain challenges.
Issues:Economy & Small Business
June 8, 2022
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after the U.S. House of Representatives adopted H. Res. 1153, a procedural resolution which included a provision to deem passage of H. Res. 1151, providing for budget allocations.
Issues:Economy & Small Business
May 9, 2022
For more than a year, the heavy weight of a struggling economy has been crushing Americans. While President Joe Biden and Democrats have continuously brushed off or attempted to shift blame over the warning signs of a potential recession, a recent report from the Bureau of Economic Analysis alarmingly showed gross domestic product (GDP) is indeed declining.
Issues:Economy & Small Business
April 29, 2022
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after the Bureau of Economic Analysis this week released findings that America’s gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the first quarter of 2022.
Issues:Economy & Small Business
April 4, 2022
Last week, President Joe Biden submitted to Congress his budget proposal for fiscal year (FY) 2023 that plainly states his funding priorities and goals.
March 21, 2022
Famously displayed on the desk of former President Harry S. Truman and often used by President Joe Biden both in office and on the campaign trail is the motto “The Buck Stops Here,” meant to exemplify one of the most important attributes that leaders at all levels need to possess: accountability.