Coburn: 2-5 Years to Financial Meltdown

The Daily caller is reporting on an interview with Oklahoma Senator Tom Coburn discussing America’s financial situation where he says 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. The long-term picture is even worse:

“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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