U.S. Senator Tom Coburn, M.D. (R-OK) released the following statement today regarding his no vote on the tax package as well as the Senate's vote to reject his amendment to offset a portion of the bill by a vote of 47 to 52. The Coburn amendment would have reduced spending by $156 billion over five years.
"I understand the argument that this may have been the best tax compromise we could have achieved in the short term. Yet, this bill does not represent a tough compromise. This bill is an easy compromise that avoids the hard choices facing the country while indulging in parochial spending through the tax code. Our national debt is the greatest threat to our national security, yet Congress refuses to make the hard choices necessary to reduce spending and put us on a sustainable course. Even a perfect tax reform deal would not be enough to dig ourselves out of the hole we are in if Congress is not willing to make hard choices about the size and scope of government," Dr. Coburn said.
"Congress can't continue to have it both ways. Politicians can't complain about the debt and vote against my amendments without offering cuts of their own. Congress can either make these hard choices ourselves or we can let the international community make these choices for us. Continuing to put these decisions off for another day, as we do with this bill, puts the future of our nation at risk," Dr. Coburn said.