Tom Coburn Takes an Axe to the Budget: $9 Trillion in Savings!

Now this is exactly what we need in order to get this deficit under control. Coburn doesn't spare the axe anywhere even raising taxes and cutting veteran benefits and raises the retirement and Medicare age.

The plan by Sen. Tom Coburn, R-Okla., is laced with politically perilous proposals like raising to 70 the age at which people can claim their full Social Security benefits. It would cut farm subsidies, Medicare, student aid, housing subsidies for the poor, and funding for community development grants. Coburn even takes on the powerful veterans' lobby by proposing that some veterans pay more for medical care and prescription drugs.

Let's debate some of his proposals. The more I look at Social Security and Medicare the more I think it will go bankrupt years before I retire. If that is the case I better have every dollar I pay into the system refunded to me with interest.