Cole Votes for Cut, Cap and Balance

WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after the voting in favor of the Cut, Cap and Balance Act.

"America is going bankrupt unless we act now to cut spending and balance the budget.

"Cut, Cap and Balance is a comprehensive plan to reverse the debt and bring permanent reform to Washington spending by making immediate cuts, mandating enforceable spending caps, and letting the states vote on a Balanced Budget Amendment for the federal government.

"We've heard a lot of rhetoric from President Obama, but House Republicans have put forward the only serious plan to prevent a debt crisis and avoid defaulting on America's obligations. It is past time for the president and congressional Democrats to stop standing in the way of responsible spending cuts."