Sen. Tom Coburn (R-Okla.) has been crusading for smaller government throughout his years in the House and Senate. Despite his efforts, Congress has only accelerated spending and our debt continues to soar. The author of the new book "Debt Bomb," Coburn tells us why we're already well past the tipping point and economic calamity is getting very close.
"We're on an unsustainable course and we're going to crash if we don't do something about it. And the problem is much more urgent and the scope is much larger than anyone in Washington wants to admit.
Coburn tells us why congressional leaders of both parties are guilty of "cowardice" for kicking this issue down the road for so long.
He also explains why a "tyranny of good intentions" is responsible for our explosive spending and how the U.S. will either resolve this crisis soon or solve it very painfully when no ones buys our debt anymore.