Coburn: How both parties bankrupt America
"Both parties have equally participated in abandoning the limited role of the federal government," says Sen. Tom Coburn (R-Oklahoma).
Coburn new book, The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting Our Economy, argues that Republicans and Democrats together have brought the U.S. to the brink of fiscal calamity.
First elected to the house in 1994 as part of the "Republican Revolution," Coburn is a staunch fiscal and social conservative, who's been outspokenly critical of members of his own party for compromising their principles out of political expedience. Coburn has publicly taken former House Speaker Newt Gingrich to task for lacking leadership and resolve during his battles with the Clinton White House to cut spending in the mid-90s.
Coburn, who's known in the senate as "Dr. No" for vetoing almost all new spending initiatives, says the federal budget is rife with "waste, fraud, and duplication." In 2006, Coburn co-sponsored legislation that created USASpending.gov, which makes publicly accessible a list of all recipients of government funds. In 2010, Coburn was instrumental in getting the Government Accountability Office to undertake researching and documenting wasteful government programs.
ReasonTV's Nick Gillespie sat down with Sen. Coburn to discuss wasteful spending, cutting entitlements, the need for free-market health care, and whether he's losing faith in the government's ability to enforce values.
Click here to go to Reason.tv for downloadable versions of the video.
And for those in Oklahoma that complain Congress is not doing the job we sent them to do ... take heart. Senator Tom Coburn is the exception that proves the rule.
For his intelligent studious good work, excellent leadership and ongoing fearless presentations to call Congress and the public to foundations of principle and honor - pray daily for Senator Coburn.