“Both parties have equally participated in abandoning the limited role of the federal government,” says Sen. Tom Coburn (R-Oklahoma), whose new book, The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting Our Economy, argues that Republicans and Democrats together have brought the U.S. to the brink of fiscal calamity.
First elected to the house in 1994 as part of the “Republican Revolution,” Coburn is a staunch fiscal and social conservative, who’s been outspokenly critical of members of his own party for compromising their principles out of political expedience. Coburn has publicly taken former House Speaker Newt Gingrich to task forlacking leadership and resolve during his battles with the Clinton White House to cut spending in the mid-90s.
Coburn, who’s known in the senate as “Dr. No” for vetoing almost all new spending initiatives, says the federal budget is rife with “waste, fraud, and duplication.” In 2006, Coburn co-sponsoredlegislation that created USASpending.gov, which makes publicly accessible a list of all recipients of government funds. In 2010, Coburn was instrumental in getting the Government Accountability Office to undertake researching and documenting wasteful government programs.