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January 28, 2009
McCain, Coburn Threaten to Hold Up Legislation in Name of Fiscal Discipline
Sens. Tom Coburn (R-Okla.) and John McCain (R-Ariz.) told their colleagues Wednesday that they would block legislation they believe violates a series of government reform proposals the Obama administration unveiled earlier this month, including the creation of duplicative programs or earmarks over $25,000 that are not competitively bid.
Citing the continued economic crisis, the two fiscal hawks pledged in a letter to Senators to back Obama’s “Plan for Restoring Fiscal Discipline.” The duo argued that it will help ensure any legislation does not increase the national debt. Read the entire letter here....
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