Behind the Gang of Six's Resurrection: Tom Coburn
Many Senate Republicans now back deal that includes new revenues
By Kevin Spak, Newser User
Posted Jul 20, 2011 7:52 AM CDT
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)

(Newser) – Tom Coburn got the old gang back together yesterday—the “Gang of Six” that is—reviving hopes that the Senate could forge a major debt reduction deal. “I’m back,” Coburn declared before a crowd of almost 50 senators from both parties, to a resounding round of applause. Coburn’s return was absolutely crucial, Politico notes in a look behind the scenes, because the gang’s two other Republicans—Mike Crapo and Saxby Chambliss—wouldn’t have signed off on a deal without him.

Coburn dramatically left the group in May, but kept discussing it with Chambliss, a close friend. Coburn is also close with President Obama, who immediately endorsed the gang’s plan for $3.7 trillion in debt reductions. The plan calls for broad spending cuts—including to Medicare and Social Security—alongside $1 trillion in new revenues from a tax code overhaul. Coburn, Crapo, and Chambliss held a closed-door Q&A with fellow Republicans yesterday, prompting a few to publicly declare their support.

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Showing 3 of 11 comments
fancygapva
Jul 20, 2011 11:35 AM CDT
Obama is a traitor to the Democrats and the American people. A DINO. He is the last time I'll hope or believe in a mainstream politician. How about a "cake" party--as in "let them eat...." We'll see how well that works out.
MDD
Jul 20, 2011 9:59 AM CDT
Tom Coburn is a train wreck.,who elects these a-holes? All this is smoke and mirrors, to grab more of your paycheck.
railrod1
Jul 20, 2011 9:56 AM CDT
If Social security doesn't add one dime to the defiect why are they changing the cola? Because the ss trust is spent and has to be part of the budget. Screw over the old and disabled then you can lower taxs for your rich corprate masters and top 2%. Brillant