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Cole Statement on President’s FY 2016 Budget

February 2, 2015

Washington, D.C. – Congressman Tom Cole (OK-04), a member of the House Committee on the Budget, released the following statement after the president's fiscal year 2016 budget proposal was unveiled.

"The president's budget is not serious either politically or philosophically," said Cole. "For the fifth straight year, the president's wish list to Congress is clearly dead upon arrival and does not stand the slightest chance of becoming law.

"Not only am I deeply concerned by the president's recommended tax increases and irresponsible spending, but I am even more baffled that he failed to address several urgent items in his proposal. For example, he failed to recommend changes to the Social Security Disability Fund, which is set to go bankrupt on his watch. He also missed another opportunity to call for entitlement and tax reform. Perhaps most alarming, the president again offered a proposal that doesn't balance in 5 years, 10 years or ever.

"The contents of the president's budget – in both what it includes and what it omits – should be of great concern to lawmakers who are serious about getting our fiscal house in order," concluded Cole.

For more information about the president's FY 16 budget proposal, click here.

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