The President (and pretty much evey Democrat) likes to say the Republicans don’t have a plan to reduce the deficit. Well, the President might want to check out his good friend Sentor Tom Coburn’s plan to cut the deficit by $9 trillion over the next ten years and to balance the federal budget.
I know President Obama likes things with lots of pages (Obamacare, stimulus bill). Well, he’s going to love all 614 pages Senator Coburn has dedicated to fiscal responsiblity.
Senator Coburn’s full report is here. A section by section outline of the report is here. A summary of savings is here. Highlights of the report here.