4 Oklahoma congressmen vote against AIG bonus tax; Boren votes in favor

Mar 19, 2009
In The News

All four House Republicans from Oklahoma voted against the bill today to levy a huge tax on the bonuses paid to employees of AIG and other firms that received bail-out money from taxpayers.

Rep. Dan Boren, D-Muskogee, voted for the bill, which passed a vote of 328-93.

Rep. Mary Fallin, R-Oklahoma City, called the bill "a cynical, unconstitutional measure to retroactively intervene in a private sector contract between employee and employer while levying a huge, 90% tax on earnings made through bonuses. This legislation was poorly conceived, hastily introduced and fraught with problems."

Rep. Frank Lucas, R-Cheyenne, called the bill "yet another bailout — a political bailout for Speaker (Nancy) Pelosi and the majority party for their poor decisions to push massive federal spending plans through Congress without giving members time to read the legislation."

# # #

Recent Posts


Jul 26, 2024
Economy

Lucas Underscores the Need for a Full Re-Proposal of Basel Endgame

Washington, DC – Today, Congressman Lucas discussed the consequences of Basel Endgame and the need for a full re-proposal with Walt Lukken, the President and CEO of the Futures Industry Association (FIA) and and Tom Sexton, the President and CEO of the National Futures Association (NFA). Stakeholders agree that the banking regulators should re-open the proposal […]



Jul 23, 2024
Press

Lucas Votes to Authorize Millions in Funds to Local Community Projects

Washington, DC – Congressman Frank Lucas (OK-03) released the following statement after the U.S. House of Representatives passed the Water Resources Development Act of 2024, which authorized millions of dollars for community projects in Woodward and Stillwater. Lucas voted in favor of the legislation.   “At a time when our political system appears to be in a constant […]



Jul 18, 2024
Press

Congressman Lucas Welcomes New Field Representative to District Staff

Yukon, OK – Congressman Frank Lucas (OK-03) today announced an addition to his District Office staff following the hiring of Nathan Dethloff as a Field Representative. Originally from Lone Grove, Oklahoma, Nathan graduated in May of 2022 from Oklahoma State University. Most recently, in May of 2024, he earned a Master of Science in Agricultural […]