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The sobering news that Standard & Poor's has lowered its assessment of U.S. Treasury securities from “stable” to “negative” raises the stakes even higher for the upcoming debate about raising the debt ceiling.
The House of Representatives took two significant steps last week toward reversing the nation's disastrous debt trajectory.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) made the following remarks on the House floor in support of H.Con.Res 34, the House Republican 2012 budget resolution introduced by Budget Committee Chairman Paul Ryan. The bill was approved Friday, April 15 by the House of Representatives.
WASHINGTON, D.C. - U.S. Congressman Tom Cole (OK-4) will be holding a series of town hall meetings in April. Rep. Cole will be available to answer questions and address concerns about federal legislation. Members of Cole's staff will also be available to assist residents with federal casework.
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.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement in response to President Obama's speech today on the deficit.
Cole serves on the Budget and Appropriations committees.
The budget battles of the past few days confirm vast differences between Democrats and Republicans when it comes to fiscal priorities. With the nation mired in a continuing recession and headed gradually but inevitably toward a debt crisis, the Democratic majority last year failed to pass a budget or any funding bills for 2011.
House, Senate Agree to Largest Spending Cut in American History