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Thomas Allen "Tom" Coburn, M.D. (born March 14, 1948), is a United States Senator, medical doctor and Southern Baptist deacon. A member of the Republican Party, he is the junior senator...

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Senator Tom Coburn: Two Years Till Severe Debt Crisis

Senator Tom Coburn (R-OK) agrees that unless we get Medicare spending under control, we will have a very serious financial crisis in about 2 years. This is in agreement with a lot of hedge fund managers and market analysts. It is also in agreement with the Simpson Bowels deficit reduction committee. See here in the WSJ. Medicare spending really is the key and is growing far faster than any other spending. For more on exactly how the fiscal crisis will unfold, read some of these essays on the topic... For more on this and related topics, visit our website, or follow us on twitter @VulgarTrader. https Finally the original version of this story is available here:
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