Cole Statement on Passage of Bipartisan Budget Agreement
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after the U.S. House of Representatives passed H.R. 1314, the Bipartisan Budget Agreement of 2015. The legislation provides topline spending allocations for fiscal years 2016 and 2017, invests in the nation’s military, reforms some entitlement spending and raises the debt ceiling until March 2017. The agreed upon increase to discretionary spending and debt ceiling increase is fully offset by reforms to entitlement programs.
“Certainly, this is not a perfect bill for members on either side of the aisle,” said Cole. “But it is an acceptable bargain that safeguards the country from default, makes incremental reforms to the drivers of our debt, invests in our military and prevents a government shutdown.
“Considering that we still live in an era of divided government, neither side can ever get all that it wants in a negotiation. Given that political reality and the responsibility we have to govern, I believe this agreement is far better than the alternative of doing nothing at all. In particular, I am pleased that the budget arrangement strengthens our military. With mounting threats abroad, America must maintain a robust military.
“Despite its shortcomings, I am encouraged that the compromise budget moves us in the right direction and addresses our nation’s critical funding priorities,” concluded Cole.
Earlier today, Cole managed the rule for consideration of the budget agreement. Video of his opening remarks are available here.