Coburn’s frustration has risen in recent months as his numerous attempts to slash spending in areas where most senators and even the president agree are wasteful have been stymied by small groups of lawmakers from both sides of the aisle. Coburn has repeatedly warned this year that the current $15 trillion level of debt is potentially unmanageable.
Congress has taken a “stupid pill,” declared the junior senator from Oklahoma, that is blinding it from seeing that the country is teetering on the edge of financial ruin.
“We have taken a stupid pill and now we sit bankrupt, physically bankrupt and fiscally bankrupt at this moment except we just haven’t recognized it yet,” he said. “What’s happening in Europe is going to happen to us in less than a year.”