You may have seen recent news reports detailing how Britain’s national debt now equals 90% of its entire economy. The Daily Mail published a graph showing the acceleration of the UK’s debt since 1992. I noted that although on a larger scale, the UK debt accelerated at a significantly slower rate than Oklahoma’s state debt [...]
April 9, 2013No CommentRead More
*Dr. Coburn is scheduled to speak on the Senate floor regarding his series of sequestration letters to the administration, duplication, and waste at 2:45 p.m. EST today* Dr. Coburn sent the following letter to OMB highlighting more than 1,362 duplicative programs accounting for at least $364.5 billion in federal spending every year as identified by [...]
Continue reading …It is a very old story that I have heard repeated many times. It seems that legislators cannot hold a budget hearing or meet with representatives of state and local government agencies without being subjected to a long and nuanced description of the agency’s great financial needs. Government agencies don’t have to compete for business [...]
Continue reading …Last week, I wrote of the House of Representatives’ creation of new committees designed to expand legislative purview at the state level. Specifically, I pointed to the attempt to gain a grasp on the state’s overwhelming dependence on federal dollars. Massive amounts of federal spending are channeled through state government. It appears as if about [...]
Continue reading …The Real Story of How a Bill Becomes Law This week marks the first deadline when state legislators (Representatives and Senators) must submit notice of their intent to file bills for the 2013 legislative session. By House rule, Representatives are limited to eight legislative initiatives, so we must carefully select the ideas we want to [...]
Continue reading …Why did your Property Tax go up? When many of House District 31 residents, who also live in Logan County, received their new property tax assessments last April, they noticed a refreshing sight. Their property assessment stayed the same or may have even dropped. This is because the Logan County Assessor has been embarking on [...]
Continue reading …Perhaps no effort to shrink the size of state government has been more aggressive than the attempt to consolidate the state’s massive information technology infrastructure. As part of this reform, we included a robust reporting requirement in the legislation that mandated the reform. This requirement asks state officials to submit a report detailing the progress [...]
Continue reading …(WASHINGTON, D.C.) – U.S. Senator Tom Coburn, M.D. (R-OK) today released an oversight report, “Department of Everything.” The report outlines how DOD can save $67.9 billion over ten years by making specific cuts to what Dr. Coburn describes as “non-defense” defense spending – spending that DOD can cut without cutting vital defense priorities. “I believe [...]
Continue reading …All, Dr. Coburn delivered the following speech last night in which he offered his post-election analysis, and his response to those who are asking where conservatives go from here. Excerpts: This election, I believe, is a seminal moment in history. We may have passed a tipping point. I woke up on Tuesday believing we were [...]
Continue reading …Article furnished by Kevin G. Nichols of Waddell & Reed What is the “fiscal cliff”? It’s the term being used by many to describe the unique combination of tax increases and spending cuts scheduled to go into effect on January 1, 2013. The ominous term reflects the belief by some that, taken together, higher taxes [...]
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