Legislation & Issues

Back in Black: A Deficit Reduction Plan

Dr. Coburn's plan to reduce our nation's long-term deficit saves roughly $3 trillion from entitlements, $3 trillion from discretionary and other accounts, $1 trillion in defense, $1 trillion from ending some spending in the tax code, and about $1 trillion in interest costs. This plan would gradually reduce the size of government by about 25 percent and balance the budget within ten years. 

YOU can help Congress balance the budget. Tell Congress which spending cuts and budget reforms you want to see implemented to get our country back on track by taking the Back in Black Poll. 

Back in Black cover

To read the full report, click To read the full report, click HERE.

For a section-by-section reading of Back in Black, click on the sections below:

Executive Summary

Methodology

Highlights

Total Savings Chart

Duplication in Federal Programs Chart

Spending Reductions:

General Government

Congress

Executive Branch

Judiciary Branch

Department of Agriculture

Department of Commerce

Department of Defense

Department of Education

Department of Energy

Department of Health & Human Services

Department of Homeland Security

Department of Housing and Urban Development

Department of the Interior

Department of Justice

Department of Labor

Department of State and Foreign Aid

Department of Transportation

Department of the Treasury

Department of Veterans Affairs

U.S. Army Corps of Engineers

Environmental Protection Agency

NASA

National Science Foundation

Small Business Administration

Other Independent Agencies

Entitlement Programs:

Medicare & Medicaid

Social Security & Social Security Disability Insurance

Revenue:

Reforming Tax Expenditures & Ending Special Giveaways

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Additionally, Dr. Coburn released a new oversight report exposing wasteful government spending in Oklahoma, "Oklahoma Waste Report: Exposing Washington's Wasteful Spending Habits in our Own Backyard".

Click here for the full PDF of the Oklahoma Waste Report.