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When faced with a $212 billion budget deficit in 1985, President Reagan proposed 245 specific cuts to reduce unnecessary government spending. Having created a 2010 budget deficit of $1.6 trillion, President Obama’s response is to form a debt commission to study the issue.
Almost exactly a year after seeing 787 billion of their tax dollars evaporate courtesy of a so-called “stimulus bill,” Americans are justifiably running out of patience and asking “Where are the jobs?” President Obama and congressional Democrats rushed the stimulus bill through Congress last February amid dire predictions that failure to pass the bill would result in double-digit unemployment, while passage would keep the jobless rate below 8 percent.
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) issued the following statement after voting against legislation to increase the debt limit:
"Runaway government spending is bankrupting the country, and the Democrats' response is to raise the debt limit and keep on borrowing and spending. Today's vote increased the debt limit for the sixth time in three years. That kind of spending is simply unsustainable.
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The agenda President Obama outlined in his State of the Union address essentially promises more of the same: more spending, more burdens on American businesses, and more symbolic measures that do nothing to provide real solutions to the challenges we face.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) made the following statement today in response to the release of the Obama administration's fiscal year 2011 budget:
Rep. Tom Cole (OK-04) hosts his monthly program "Cole on Congress" and visits with Denise Bode of the American Wind Energy Association to provide an analysis on the issues facing our nation. (January 2010)
WASHINGTON, D.C. – Congressman Cole made the following statement about President Obama's State of the Union Address, January 27, 2010:
"The agenda President Obama outlined tonight essentially promises more of the same: more spending, more burdens on American businesses, and more symbolic measures that do nothing to provide real solutions to the challenges we face.
WASHINGTON, D.C. – Congressman Tom Cole (OK-04) announced the names of students from Oklahoma's Fourth Congressional District who have received nominations to one or more of America's prestigious service academies.
"It's my privilege to nominate outstanding young Oklahomans to serve in our nation's military academies," Congressman Cole said. "Our state has a distinguished tradition of military service, and the impressive accomplishments and commitment demonstrated by these students should make Oklahomans proud."