Legislation & Issues
Back in Black: A Deficit Reduction Plan
Dr. Coburn's plan to reduce our nation's long-term deficit saves roughly $3 trillion from entitlements, $3 trillion from discretionary and other accounts, $1 trillion in defense, $1 trillion from ending some spending in the tax code, and about $1 trillion in interest costs. This plan would gradually reduce the size of government by about 25 percent and balance the budget within ten years.
YOU can help Congress balance the budget. Tell Congress which spending cuts and budget reforms you want to see implemented to get our country back on track by taking the Back in Black Poll.
To read the full report, click HERE.
For a section-by-section reading of Back in Black, click on the sections below:
Duplication in Federal Programs Chart
Spending Reductions:
Department of Health & Human Services
Department of Homeland Security
Department of Housing and Urban Development
Department of State and Foreign Aid
Department of Veterans Affairs
Environmental Protection Agency
Entitlement Programs:
Social Security & Social Security Disability Insurance
Revenue:
Reforming Tax Expenditures & Ending Special Giveaways
___________________________________________________________
Additionally, Dr. Coburn released a new oversight report exposing wasteful government spending in Oklahoma, "Oklahoma Waste Report: Exposing Washington's Wasteful Spending Habits in our Own Backyard".
Click here for the full PDF of the Oklahoma Waste Report.