Press Releases
Washington, DC - Today, Congressman Frank Lucas stood up for the American taxpayer by voting against a $275 billion housing bill that would reward irresponsible home buyers with taxpayer money. The controversial program has been panned by financial experts as well as many Americans.
Washington, DC - Ranking Member Frank Lucas opposes President Obama’s budget proposal that calls for eliminating direct payments to farmers with more than $500,000 in annual sales. The President’s $3.5 trillion budget plan also calls for the elimination of cotton storage payments, a reduction in subsidies for crop insurance, and a funding cut for the Market Access Program that
Washington, DC - Yesterday, the House Financial Services Committee held its semi-annual Humphrey-Hawkins hearing, featuring testimony from Federal Reserve Chairman Ben Bernanke. Under the Humphrey-Hawkins Act of 1973, the Chairman of the Federal Reserve is required to present to Congress a report twice a year outlining the state of the U.S.
Washington, DC - Today, President Barack Obama released an outline for his proposed $3.5 trillion budget for 2010. The budget is anticipated to raise the national debt by $2.7 trillion. Each year, the President sends Congress a budget proposal. Congress will then use his suggestions to draft their own budget. The President’s full proposal is expecte
Washington, DC - Yesterday, Ranking Member Frank Lucas sent a letter to the Secretary of Agriculture, Tom Vilsack, expressing great concern about the Obama administration’s position on eliminating direct payments to producers. Tuesday night, in his address to a joint session of the 111th Congress, President Obama called for ending direct payments. This comes just days after S
Washington, DC - Tonight, President Barack Obama addressed a joint session of Congress to outline his policy agenda for the year. He highlighted his FY2010 budget proposal, the economic stimulus package recently signed into law, and his housing plan. Below is Congressman Frank Lucas’ reaction to the President’s address.
Washington, DC - Today, the House of Representatives will vote on the Democrats’ massive spending package disguised as a “stimulus” bill. The approximate cost of the bill is $789 billion, not including the estimated $300 billion in interest that will be incurred to borrow the money. Congressman Frank Lucas will oppose this wasteful, over priced and mi
Washington, DC - Today, the Senate passed an amended version of the massive spending package disguised as a stimulus bill by a vote of 61-37. According to the nonpartisan Congressional Budget Office, the bill will cost $838 billion, not including the estimated $350 billion in interest that will be incurred to borrow the money. Congressman Frank Lucas
Washington, DC - Today, the House of Representatives passed the Senate-amended expansion of the State Children’s Health Insurance Program by a vote of 290-135. Disguised as a program to grant low-income children health insurance, this bill will allow Speaker Pelosi to moves this country closer to a socialized health care system at a massive cost to the