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Senator Tom Coburn - The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting America

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Senator Tom Coburn The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting America
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The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting America: summary, description and annotation

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In a nation whose debt has outgrown the size of its entire economy, the greatest threat comes not from any foreign force but from Washington politicians who refuse to relinquish the intoxicating power to borrow and spend. Senator Tom Coburn reveals the fascinating, maddening story of how we got to this point of fiscal crisisand how we can escape.

Long before Americas recent economic downturn, beltway politicians knew the U.S. was going bankrupt. Yet even after several so-called change elections, the government has continued its wasteful ways in the face of imminent danger. With passion and clarity, Coburn explains why Washington resists change so fiercely and offers controversial yet commonsense solutions to secure the nations future.

At a time when millions of Americans are speculating about what is broken in Washington, The Debt Bomb is a candid, thoughtful, non-partisan expos of the real problems inside our government. Coburn challenges the conventional wisdom that blames lobbyists, gridlock, and obstructionism, and places the responsibility squarely where it belongs: on members of Congress in both parties who wont let go of the perks of power to serve the true interests of the nationunless enough citizens take bold steps to demand action.

Democracy never lasts long. It soon wastes, exhausts, and murders itself. There was never a democracy yet that did not commit suicide. John Adams

Throughout a distinguished career as a business owner, physician, and U.S. senator, Tom Coburn has watched his beloved republic careen down a suicidal path. Today, the nation stands on the precipice of financial ruin, a disaster far more dangerous to our safety than any terrorist threats we face. Yet Coburn believes there is still hopeif enough Americans are willing to shake the corridors of Washington and demand action.

With an insiders keen eye and a caregivers deft touch, Coburn diagnoses the mess that career politicians have made of things while misusing their sacred charge to govern.

Coburns incisive analysis:

  • Reveals the root causes of Americas escalating financial crisis
  • Exposes Washingtons destructive appetite for wasteful spending, power grabs, backroom deals, and quick non-fixes
  • Rises above partisanship to implicate elected officials of all stripes in steering the nation off course
  • Lays out a commonsense guide to restoring order
  • Concludes with a clarion call and sound advice for Americans who would dedicate themselves to defusing the debt bomb
  • Above all, Coburn believes the United States can continue as a beacon of opportunity for future generationsbut how we act today will determine whether we deliver the nation to our children and grandchildren fully alive, on life support, or without a pulse.

    Senator Tom Coburn: author's other books


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    Praise for The Debt Bomb The five loveliest words in the English language are - photo 1

    Praise for The Debt Bomb

    The five loveliest words in the English language are those that begin the First Amendment: Congress shall make no law... Notice the most under-used word in contemporary Washington: No. Fortunately, Tom Coburn uses it with gusto in attacking the crisis so well described in this book. He is a man with a plan, and the steely determination to implement it.

    George F. Will, nationally
    syndicated columnist

    Dr. Tom Coburn is the real deal. Hes not a politician; hes a citizen in office. Day in and day out, hes been fighting to shrink the federal government, and has been attacked by his own party and the political opposition for doing so. Now hes written a book outlining in stark terms the problems the nation is facing. Dr. Coburn is a real American hero, and hes standing against the tide in the United States Senate. If you want the truth, from the inside, you need to read this book.

    Mark Meckler, cofounder and
    National Chairman of the Tea
    Party Patriots

    The Debt Bomb is superb. Its a smart, gutsy, and captivating take on how Washington got us into this messit then gives the taxpayers some real answers and solutions as to how to get out of it! If youre sick and tired of Washington politicians making excuses and pandering mush, this book will be a sheer delight. Tom Coburn tells the truth, and tips over everyones sacred cows.

    Al Simpson, former
    U.S. Senator

    Nobody understands our nations fiscal nightmare better than Dr. Coburn, and no one else has proposed more concrete ways to attack our fiscal problems. Tom Coburn gets it. He readily admits there is no easy way out of the fiscal mess our politicians have gotten us into. And he is bold enough and smart enough to propose real solutions that will put our fiscal house in order. Tom Coburn is my hero.

    Erskine Bowles, White House
    Chief of Staff under President
    Bill Clinton

    Tom Coburn is a rare breed in a town filled with big spending Democrats and big government Republicans. As a fellow member of the Class of 1994, Ive seen Tom stay true to the values of our cause while others sold out to Washingtons highest bidders. With Americas future hanging in the balance, Tom has written a book that warns of a coming debt bomb that threatens to destroy our economy and our future. If you want to know how Washington can avert the coming crisis, read this important book.

    Joe Scarborough, host of
    MSNBCs Morning Joe

    The Debt Bomb has the bold answers and insights the American people have been clamoring for. Dr. Coburns willingness to go big exposes the appalling lack of leadership in the White House and Congress. The Debt Bomb should be required reading for any American who wants to force our elected leaders to step up and join Dr. Coburn in addressing this urgent threat.

    Larry Kudlow, Reagan
    administration economist and
    host of CNBCs The Kudlow
    Report

    In The Debt Bomb, Tom outlines how all Americans can work together to strengthen our critical health and retirement security programs, reform our tax code, and lift our crushing burden of debt. Dr. Coburn has accurately diagnosed the problem and offers a sensible prescription to solve it. More than anything, he makes a compelling case for urgency and action before the crisis becomes incurable.

    Representative Paul Ryan,
    Chairman of the House Budget
    Committee

    No one in Congress has done more to shift the debate from growing government to cutting spending than Tom Coburn. When others were silent, he courageously stood up to big spenders in both parties, exposed the wasteful earmarks like the Bridge to Nowhere, and called for an end to corporate welfare that undermines our free market economy. In The Debt Bomb, Tom outlines bold, decisive action to save our nation from fiscal collapse. Its a privilege to fight alongside him to defend freedom.

    Senator Jim DeMint

    Its high time we had a ruthless and compassionate conversation about the American tax policy, Senator Coburn takes a big step in this book.

    Dylan Ratigan, host of MSNBCs
    The Dylan Ratigan Show

    Senator Coburn gives the reader a fascinating inside look at his courageous efforts to end congressional boondoggles, root out waste in government, and defuse the debt bomb. He is a strong voice for common sense and fiscal sanity, unafraid to dig into details and stand up to the leadership, even in his own party.

    Alice M. Rivlin, Brookings
    Institution, former Director of
    the Office of Management and
    Budget under President Clinton

    As someone who courageously supported the recommendations of the Bowles-Simpson Commission and as a member of the Senates bipartisan Gang of Six, Tom Coburn has demonstrated a commitment to improving Americas unsustainable long-term fiscal outlook through bipartisan solutions. In The Debt Bomb, he shows us why he has devoted so much time and energy to addressing Americas fiscal challenges, which pose a primary threat to the future prosperity of all Americans, including the most vulnerable in our society.

    Peter G. Peterson, former
    Secretary of Commerce under
    President Nixon and author of
    Running on Empty

    Throughout his distinguished career, Senator Tom Coburn has been one of the most consistent advocates for fiscal sanity and responsibility in Washington. Based on unambiguous evidence and moral principle, The Debt Bomb not only articulates the dangerous consequences of our runaway spending, but also offers courageous, responsible, no-nonsense solutions for restoring America to prosperity. This is an important book at a critical time in our nations history.

    Bill Bennett, former Secretary
    of Education under President
    Reagan and host of Morning
    in America

    THE DEBT BOMB

    A Bold Plan to Stop Washington from Bankrupting America

    U. S. SENATOR
    TOM A. COBURN, M.D.
    with John Hart

    2012 by Senator Tom A Coburn MD All rights reserved No portion of this - photo 2

    2012 by Senator Tom A. Coburn, MD

    All rights reserved. No portion of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any meanselectronic, mechanical, photocopy, recording, scanning, or otherexcept for brief quotations in critical reviews or articles, without the prior written permission of the publisher.

    Published in Nashville, Tennessee, by Thomas Nelson. Thomas Nelson is a registered trademark of Thomas Nelson, Inc.

    Thomas Nelson, Inc., titles may be purchased in bulk for educational, business, fund-raising, or sales promotional use. For information, please e-mail SpecialMarkets@ThomasNelson.com.

    Library of Congress Cataloging-in-Publication Data

    Coburn, Tom A.

    The debt bomb : a bold plan to stop Washington from bankrupting America / Tom Coburn; with John Hart.

    p. cm.

    Includes bibliographical references and index.

    ISBN 978-1-59555-467-3

    1. Government spending policyUnited States. 2. Debts, PublicUnited States. 3. BureaucracyUnited States. 4. United StatesPolitics and government2009 5. United StatesEconomic policy2009 I. Hart, John. II. Title.

    HJ7537.C63 2012

    336.3'40973dc23

    2011053178

    Printed in the United States of America

    12 13 14 15 QGF 6 5 4 3 2 1

    This book is dedicated to every American from
    every persuasion who wants a realistic explanation
    of where we stand and who wants to renew
    confidence both in ourselves and our republic.

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