Rabu, 02 Mei 2012
Beware 'The Debt Bomb'
WASHINGTON — In his new book about the nation's fiscal problems, U.S. Sen. Tom Coburn says he would rather work with Democrats in Congress than Chinese communists “who will one day force our hand” if government spending is not controlled.
The senator's book, “The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting America,” was released Tuesday. It warns of an economic collapse due to the U.S. government's mounting debt and financial obligations and says members of both parties must compromise, particularly on entitlements like Medicare and Social Security, to avoid catastrophe.
Coburn, R-Muskogee, blames Democrats and Republicans for the current fiscal situation and for not reaching a comprehensive debt deal last year.
Read more: http://newsok.com/oklahoma-sen.-tom-coburns-new-book-warns-of-nations-debt-bomb/article/3667311#ixzz1tjswGNZl
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