Tuesday, August 02, 2011

Why I voted against the debt deal - Tom Coburn

"It is true that next year there will be a genuine cut of $7 billion when discretionary spending drops from $1.05 trillion to $1.043 trillion. But with our government borrowing $4.5 billion a day, that $7 billion is enough to fund the government for about 36 hours.And after our day and a half of restraint, spending will increase $830 billion over 10 years."

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