Cole Applauds Introduction of Balanced Budget

WASHINGTON, D.C. – Congressman Tom Cole (OK-04) released the following statement after the House Budget Committee and Chairman Paul Ryan released “The Path to Prosperity: A Responsible, Balanced Budget.” This fiscal year 2014 budget resolution will balance the budget within 10 years.

"The Path to Prosperity budget is the right plan for our serious economic challenges. To overcome the $16 trillion debt, we need a responsible, bold proposal like the House Republican plan to balance the budget in 10 years.

“President Obama’s budget plan is several weeks late, the Democratic Senate hasn’t passed a budget in over 1,400 days, and neither will produce a budget that balances. House Republicans have now produced three consecutive budgets that achieve balance without raising taxes, strengthen health and retirement programs and reform the broken tax code. We can get the national debt under control, but President Obama and Senate Democrats must meet us halfway with serious proposals of their own.”