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March 5, 2009 Press Release

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.

February 27, 2009 Press Release

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

February 27, 2009 In The News

U.S. Rep. Frank Lucas says at a time of economic crisis and falling commodity prices, President Barack Obama’s proposals to cut some government subsidies to farmers show a lack of understanding about the agricultural industry.

February 27, 2009 In The News

WASHINGTON — President Barack Obama’s first budget would cut payments to some farmers and raise taxes on oil and gas companies.

The proposals — most of which would have to be approved by Congress — drew swift reaction from members of Oklahoma’s congressional delegation and industry groups.

February 27, 2009 In The News

WASHINGTON — U.S. Rep. Frank Lucas on Thursday accused President Barack Obama of not understanding how important rural communities are to the nation's economy by proposing an end to direct payments to farmers.

According to the Obama administration, however, the proposal would not end such payments for all but would phase them out over three years for the largest farms.

February 27, 2009 In The News

President Obama’s budget proposes repealing certain farm subsidies and capping direct payments to high-income producers — two ideas that met Thursday with quick resistance from some farm-state Democrats and Republicans.

February 27, 2009 In The News

WASHINGTON — U.S. Rep. Frank Lucas on Thursday accused President Barack Obama of not understanding how important rural communities are to the nation's economy by proposing an end to direct payments to farmers.

February 26, 2009 In The News

On Wednesday afternoon, 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.

February 26, 2009 Press Release

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.

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