Coburn: Sequestration Effects ‘Exaggerated’

Sunday, 24 Feb 2013 12:49 PM
By Amy Woods – Newsmax

Executive Summary:

Oklahoma Sen. Tom Coburn believes that the effects of the sequestration that will “kick in” Friday have been “exaggerated” on governmental agencies and the American people.

Coburn, appearing on “Fox News Sunday,” said he did not support sequestration when it was introduced in Congress because it is “a stupid way to cut spending.” Asked if President Barack Obama was exaggerating the effects of the cuts, he responded, “absolutely.”

“It’s a terrible way to cut spending,” said the Republican. “I don’t disagree with that. But to not cut 2.5 percent out of the total budget over a year . . . give me a break.” Republicans and Democrats remain at loggerheads over deficit reductions, spending cuts and tax increases as the $85 billion sequestration deadline looms.

“The reason there’s no agreement is because there’s no leadership from the president on actually recognizing what the problem is, and the problem is an excessive, bloated, big federal government that’s highly inefficient and highly ineffective,” Coburn said.

“There’s easy ways to cut this money that the American people will never feel. What you hear is an outrage because
nobody wants to cut spending. Not cutting spending is going to be disastrous for this country,” he said.

Coburn added that the crisis is not real.

Phil Downs, President
Republican Club of the Foothills