Republican Sen. Tom Coburn says confidence in the country's economy and currency will be "undermined significantly" in the next several years if the government doesn't find a way to cut federal spending.
Coburn says the U.S. must begin to chip away at the country's huge debt and slash hundreds of billions from the budget in wasteful spending or face the kind of severe fiscal crisis that has plagued Ireland and Greece.
The Oklahoma Republican offered his grim view on the country's future while speaking on "Fox News Sunday."
Coburn says all Americans must make sacrifices to secure the country's fiscal future. He says he could find more than $300 billion a year in spending that could be cut without objection from the American people.
We Fill Our Culture with Garbage, and We Reap The Result | RedState
The Survival Mindset - Bearing Arms - Jeff Cooper, Training, Video
Yoo hoo, gun-grabbing Julianne Moore: 2 photos expose your hypocrisy
Video: Criticizing Obama 'Almost Treasonous," Top Democrat Says
The truth about gun deaths: numbers and actual solutions
Crony Capitalism Driving Nevada Energy Controversy | Human Events
The New Norm?