Cole Applauds Historic Spending Cuts
WASHINGTON, D.C. – Rep. Tom Cole (OK-04) released the following statement after House Republicans approved legislation that cuts $100 billion in spending from the President Obama's fiscal year 2011 budget:
"Historic deficits require historic spending cuts, and that's exactly what House Republicans have achieved. We pledged to voters that we would cut $100 billion this year, and we took less than eight weeks to do it.
"This week's debate makes it obvious which party wants to reduce spending. In the most open debate process in years, members from both parties offered hundreds of amendments. Republicans repeatedly introduced amendments focused on spending cuts while Democrats consistently argued to keep wasteful spending in place.
"House Republicans passed the biggest spending cuts in history, but this is just the beginning. We have many tough choices ahead in order to deal with our $14 trillion debt, but taxpayers can be encouraged that we're finally going in the right direction."