Sen. Tom Coburn to unveil plan to slash federal spending by at least $9 trillion
Sen. Tom Coburn's plan would affect nearly all facets of government spending and close tax loopholes.
WASHINGTON — Sen. Tom Coburn plans to unveil a $9 trillion deficit-reduction plan Monday that would cut most government programs, reshape entitlements, sell off federal property and close some tax loopholes.
Oklahoma Sen. Tom Coburn announces he will run for a second term at the Tulsa Press Club on June 1, 2009. TOM GILBERT/Tulsa World ORG XMIT: KOD ORG XMIT: OKC0906011251073301 ORG XMIT: 1107160105258016
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Coburn proposes $9 trillion deficit cut measure
Jul 18Sen. Tom Coburn unveils a plan in Washington to save $9...
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Coburn's 10-year plan would achieve most of its savings from cuts — including to the defense budget — and structural changes to Social Security and Medicare, like raising the eligibility age...
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