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Coburn proposes $9 trillion deficit cut measure

One of the Senate's staunchest budget-cutters unveiled Monday a massive plan to cut the nation's deficit by $9 trillion over the coming decade.

By Andrew Taylor | Updated on July 18, 2011
Sen. Tom Coburn, R-Okla., reveals his "Back in Black" plan to reduce the federal deficit, Monday, July 18, 2011, during a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — One of the Senate’s staunchest budget-cutters unveiled Monday a massive plan to cut the nation’s deficit by $9 trillion over the coming decade.

The plan by Sen. Tom Coburn, R-Okla., is laced with politically perilous proposals like raising to 70 the age at which people can claim their full Social Security benefits. It would cut farm subsidies, Medicare, student aid, housing subsidies for the poor, and funding for community development grants. Coburn even takes on the powerful veterans’ lobby by proposing that some veterans pay more for medical care and prescription drugs.

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