Economy and Jobs

Recently, the American people have suffered through high unemployment rates and a sagging economy. Many are having to make tough choices and are finding it difficult to provide for their families.

We need to put money back in the pockets of the American people by cutting taxes on American families and small businesses. This will raise the standard of living and encourage economic growth by lowering the cost to do business. As we have learned from history, increased taxes do nothing but grow the size of government and stifle economic growth. Second, just as families across this country are doing right now, the federal government must begin to tighten their proverbial belt and cut back on spending.

More on Economy and Jobs

April 15, 2021 Press Release
Washington, D.C. – Congressman Frank Lucas (OK-03), U.S. Senator Jim Inhofe (R-Okla.), and U.S. Senator James Lankford (R-Okla.) sent a letter this week to President Biden urging him to suspend the executive order to close down prisons, including the Great Plains Correctional Institution located in Hinton, Oklahoma.
March 23, 2021 Press Release
Cheyenne, OK. – Today, Congressman Frank Lucas (OK-03) joined his colleagues on the House Committee on Financial Services for a hearing with Federal Reserve System Chairman Jerome Powell and U.S. Department of the Treasury Secretary Janet Yellen on the Federal Reserve’s and the Treasury’s economic pandemic response.
March 12, 2021 Press Release
Cheyenne, OK – Congressman Frank Lucas (OK-03) applauded the announcement by U.S. Secretary of Commerce Gina Raimondo today that the Department’s Economic Development Administration (EDA) is awarding a $1.25 million CARES Act Recovery Assistance grant to the city of Fairview, Oklahoma, to assist in the expansion of the outpatient therapy department of Fairview Regional Medical Center.
March 10, 2021 Press Release
Washington, D.C. – Today, Congressman Frank Lucas (OK-03) released the following statement after the U.S. House of Representatives passed H.R. 1319- the American Rescue Plan Act. Lucas opposed the legislation.
March 9, 2021 Press Release
Washington, D.C. – Congressman Frank Lucas (OK-03) released the following statement after the U.S. House of Representatives passed H.R. 842- the Protecting the Right to Organize (PRO) Act. Lucas opposed the legislation.
February 26, 2021 Press Release
Washington, D.C.- Congressman Frank Lucas (OK-03) released the following statement after the U.S. House of Representatives passed H.R. 1319- the American Rescue Plan Act of 2021. Lucas opposed the legislation.
February 12, 2021 Press Release
Cheyenne, OK – Yesterday, the U.S. Department of Commerce’s Economic Development Administration (EDA) awarded a $1.76 million CARES Act Recovery Assistance grant to Southwestern Intermediary Finance Team, Inc. (SWIFT), Weatherford, Oklahoma, to capitalize and administer a Revolving Loan Fund (RLF) that will provide critical gap financing to businesses adversely affected by the coronavirus pandemic across 24 Oklahoma counties.
January 26, 2021 Press Release
Cheyenne, OK – Today, Congressman Frank Lucas (OK-03) joined House Republican Leader Kevin McCarthy (CA-23), Republican Whip Steve Scalise (LA-01), Republican Conference Chair Liz Cheney (WY-AL), and other top House Republicans in sending a letter to President Joe Biden calling on the Biden Administration to revoke the 60-day moratorium on new mining, oil and gas leasing and permitting on federal lands.
December 28, 2020 Press Release
Washington, D.C. – Congressman Frank Lucas (OK-03) released the following statement after the U.S. House of Representatives passed H.R. 9051- the Caring for Americans with Supplemental Help (CASH) Act. Lucas supported the legislation.
December 23, 2020 Press Release
Cheyenne, OK – Earlier this week, Congress passed H.R. 133- the Consolidated Appropriations Act, providing coronavirus relief and federal appropriations until September 30, 2021. The bipartisan, bicameral package included a number of important priorities supported by Congressman Frank Lucas (OK-03), benefiting individuals, families, workers, and businesses across Oklahoma.