OKLAHOMA CITY — House Speaker T.W. Shannon formally stepped down today as Speaker of the Oklahoma House of Representatives, citing his commitment to his bid for the U.S. Senate to replace Sen. Tom Coburn.
“It has been a great honor to serve as Speaker of the House, and I am proud of the things we as a team accomplished,” Shannon said. “Since I was elected by my caucus as Speaker Designate in October of 2011, the House Republicans passed measures to increase government transparency and expanded its majority by several seats.
“We fundamentally reformed the workers’ compensation system, saving Oklahoma businesses $140 million in premium costs in the first year alone. We added work requirements to welfare recipients. And we refused to burden future generations of Oklahomans with more debt.
“But now it is time for a new leader to take up the cause of generating conservative policy. The people of Oklahoma deserve a leader who is 100 percent dedicated to solving the challenging issues that face our state. I am stepping aside so a new Speaker can be fully devoted to the business of the state, as I turn my attention to solving the problems that face our country.”
Shannon said his resignation will take effect at noon today.
“I, for now, plan to continue serving as a member of the House to represent the good people of Lawton and District 62,” Shannon said. “In that capacity, I will continue advocating for lower taxes, more efficient government and a pay-as-you-go approach instead of adding more debt to future generations.”
Shannon said he will be grateful for the opportunity he had to serve as Speaker of the House.
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