Sen. Tom Coburn (R-OK) is encouraging Democrats to cut Social Security and Medicare benefits because the programs are “things we don’t absolutely need.”
Speaking to ABC’s George Stephanopolous on Sunday about the so-called fiscal cliff, Coburn said that he would be willing to accept tax hikes for the top 2 percent of earners if Democrats and President Barack Obama agreed to reform Social Security and Medicare.
The ABC host pointed out that Obama’s health care reform law had already achieved about $716 billion in Medicare savings and many Republicans — including former Republican presidential nominee Mitt Romney — ran against those cuts.
“The $700 billion in savings doesn’t save the government a penny because what it does is takes that $700 billion and spends it on other people,” Coburn insisted. “We’ve seen the president demand that we’re going to solve 7 percent of this problem [with tax hikes on the rich] but he’s totally inflexible on the other 93 percent.”
“It doesn’t really matter what happens at the end of this year because ultimately the numbers and the bond holders throughout the world will determine what we’ll spend and what we won’t. So, we can play the political game that is being played out in Washington right now or we can be absolutely honest with the American people and say, ‘Medicare is going bankrupt, Social Security disability will be bankrupt in two years, Social Security trust fund will be bankrupt in five years, Social Security total will be bankrupt in 16,17 years.'”
“The fact is we are spending money we don’t have on things we don’t absolutely need,” he concluded. “And there’s no grownups in Washington that will say, ‘Timeout, stop the politics, let’s have a compromise rather than play the game through the press and hurt the country.’ We’re already going to get another debt downgrade just from what’s happening now because nobody in positions of power are willing to do what’s important and necessary for our country.”
Watch this video from ABC’s This Week, broadcast Dec. 9, 2012.
Rick Santorum rips into Corey Lewandowski’s ‘flippant’ admission that he’s happy to lie to the media
During his testimony before the House Judiciary Committee, President Donald Trump's former campaign adviser Corey Lewandowski — who was hoping to leverage his appearance trashing Democrats and the Russia investigation for a Senate run in New Hampshire — was forced to admit that he constantly lies on air.
On CNN's "Anderson Cooper 360," even former Sen. Rick Santorum (R-PA), a staunch defender of the president, was aghast at this.
"Senator, isn't it kind of a weird way to run for Senate by admitting that you're happy to lie to the American people?" asked Cooper. "I know he was phrasing it as lying to the media, lying to reporters, but, you know, it's not as if — the end result is you're lying to the American people. You are giving people false information. And you're fine with that? You have no moral problem with that?"
Air Force admits it ‘would’t be surprised’ if they were ‘Trump Turnberry’s largest customer’
The Air Force has not only been staying at Trump's resorts for three years, but they were also likely the largest customer of Trump's Scottish golf club.
Washington Post reporters David Fahrenthold and Jonathan O'Connell outed President Donald Trump for working his official relationship with the Saudi royal family so they'd stay at his hotels. Politico reporter Natasha Bertrand uncovered the fact that the U.S. Air Force was being used to funnel cash to the president's companies.
Trump's Turnberry resort was losing money until he was able to reroute Air Force plans to land in Scotland to refuel instead of a military base. While that might cost American taxpayers significantly more money, it was good business for the president. Now the resort is doing extremely well.
CNN commentators laugh at GOP strategist’s pathetic rationale for why Trump’s Hispanic comments aren’t racist
On Tuesday's edition of CNN's "OutFront," Mitch McConnell adviser and GOP strategist Scott Jennings offered a feeble defense of President Donald Trump's demand of his Hispanic adviser Steve Cortes at a rally in New Mexico that he say whether he prefers "the country or the Hispanics"
"Of course it masks racism, and he doesn't do a good job of masking it," said Democratic strategist Maria Cardona. "These comments were racist, ignorant and downright stupid. We shouldn't be surprised from what we've seen this president spew, from the moment he came down the escalator when he announced his campaign when he called Mexicans rapists and murderers and what else can we expect from this man? ... In the latest Univision/Latino Decisions poll, you have 71 percent of Latinos who said they will vote for the democratic candidate. 15 percent maybe will vote for Trump. He's in dire straits for Latinos."