Congressman Lucas Statement on Passage of House Budget

Mar 21, 2013
Economy
Press

Washington, D.C. – Congressman Frank Lucas today made the following statement after the U.S. House of Representatives passed H. Con. Res. 25, The Path to Prosperity: A Responsible, Balanced Budget. The budget was approved in the House today with a 221 to 207 vote.

“I am pleased the House passed the budget today,” said Congressman Frank Lucas. “Americans are continually balancing their checkbooks and finding ways to live within their means, and it is encouraging we have passed a budget that will do the same.

“On the current path, the federal government would spend another $8.2 trillion in the next 10 years. Thankfully, our budget provides a $4.6 trillion reduction in the national debt and balances the budget over the same timeframe. This plan achieved all of these goals without any tax increases. It is obvious our country has a spending problem, not a revenue problem. I am glad this budget achieves savings by implementing common-sense spending cuts, while in-turn not taking money out of American taxpayers’ pockets.

“It is encouraging to see lawmakers working together to come up with responsible solutions to solving our nation’s debt crises. I believe this is the best plan to get our country back on the right track. It is my hope that the House budget will be passed by the Senate and sent to the President’s desk for his signature.”

–30–

Recent Posts


Jun 3, 2024
Agriculture

Lucas Statement on Farm Bill

Washington, D.C. – Congressman Frank Lucas (OK-03) released the following statement after the House Committee on Agriculture completed its markup of the next Farm Bill: “I applaud Chairman Thompson for completing the gargantuan task of passing this Farm Bill out of Committee. As a former Chairman of the House Ag Committee, I know firsthand just how […]



May 16, 2024
Economy

Lucas: Basel Endgame Will Penalize Central Clearing

Washington, D.C. –  At today’s House Financial Services Committee hearing, Congressman Frank Lucas (OK-03) questioned FDIC Chair Gruenberg and Federal Reserve Vice-Chair Barr on the consequences of the Basel Endgame proposal. Specifically, Congressman Lucas brought to attention his concern that the Basel requirements will constrain the capacity of banks to offer central clearing. He has previously pressed this […]



May 14, 2024
Press

Lucas Advocates for FAA Reauthorization

Washington, D.C. – Today, Congressman Frank Lucas (OK-03) spoke on the Floor in support of the Senate’s amendment to the Federal Aviation Administration (FAA) reauthorization bill, which the House will be voting on tomorrow. The bill includes Rep. Lucas’s language for the FAA to submit a plan to Congress to improve air traffic controller training and set the air traffic […]