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Coburn: U.S. Has 2-5 Years Before Financial Meltdown

Oklahoma Republican Senator Tom Coburn told The Daily Caller in a video interview that the federal government is in the “midst of committing murder to our republic” and predicted that the U.S. faces a financial meltdown in 2-5 years.

“I wanted people in this book, in ‘The Debt Bomb’ to be able to see what’s coming,” Coburn said on Capitol Hill, referring to his book. “In 2022, less than 10 years from now, unless we make major changes that everybody’s saying they know has to be made but none of the politicians have the courage to make, the entire federal budget will be made of only three things: interest, Medicare and Social Security, nothing else.”

“It’s very honorable to speak honestly to the American public about what the problems are. It is dishonorable to lie to them about it not being. Talk to any politician up here, they all know Medicare’s in trouble, they’ll say it privately so tell me, when you will speak something privately but not talk about it publicly, what’s that say about your integrity? That you just really want to win an election rather than fix our country.”


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