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Congressman Tom Cole

Representing the 4th District of Oklahoma

Small Business

Our country’s ability to prosper depends heavily on Americans who work for and own small businesses. Unfortunately, as many Oklahomans know far too well, those working on Main Street are often met with excessive regulatory and tax barriers that choke innovation and discourage job creation. Too often, these regulations create a barrier to entrepreneurs from entering the marketplace in the first place. That not only shatters the American Dream for a would-be entrepreneur, it prevents the creation of jobs that would have lifted other hardworking Americans as well.

Whether as an employee or owner, Americans depend greatly on the success of small businesses. According to the United States Small Business Administration, an estimated seven out of 10 new jobs in the economy are created by small businesses. In 2010, the U.S. Department of Commerce recorded 332,998 small businesses in Oklahoma that employed 673,373 people. 

Small businesses are truly the backbone of our economy, and our future success depends on their continued success. In order for small businesses to be established, create jobs and remain open, the environment must encourage and allow them to thrive. I remain committed to clearing red tape to help them succeed.

More on Small Business

March 28, 2019 Press Release
Washington, D.C. – Congressman Tom Cole (OK-04) cosponsored legislation to break cycles of poverty in Indian Country through smart economic development. The legislation was introduced by Native American Caucus Co-Chair Congresswoman Deb Haaland (D-NM) and has bipartisan support from Congressman Don Young (R-AK) and Congresswoman Norma Torres (D-CA).
November 27, 2018 Weekly Columns

Over the weekend, communities across the country had the opportunity to participate in Small Business Saturday. While this annual shop local event encourages Americans to get out and show support for small businesses in their neighborhoods, it also serves as a reminder that a thriving economy is driven by our Main Street job creators.

January 1, 2018 Weekly Columns
When the year 2017 began, Congress opened the new Congressional Session with the Trump Administration to “Make America Great Again.” As the year comes to a close, Congress and the Trump Administration can be proud of what they have accomplished together. Under its first year with President Trump, Congress has accomplished many of its legislative goals, and the President has fulfilled a number of his campaign promises. Although there is much work to be done in the coming year, we can reflect on this year’s legislative accomplishments with a sense of success.
September 13, 2016 Press Release

Washington, D.C. — The International Franchise Association (IFA) named Representative Tom Cole (R-OK) as the 2016 Legislator of the Year during IFA’s Franchise Action Network Annual Meeting. The Legislator of the Year Award is given to lawmakers who consistently support a pro-franchising, pro-business agenda.