Coburn Says He Doesn’t Expect ‘Gang of Six’ to Get Deficit Deal

Tuesday, 17 May 2011 07:00 PM


A bipartisan “Gang of Six” senators is unlikely to reach agreement on a proposal to reduce the U.S. government’s long-term deficits, Senator Tom Coburn said today.

Coburn, an Oklahoma Republican who is a member of the group, said his colleagues remain “just too far apart on basic issues.”

The group has been working behind closed doors for months trying to find an agreement on a combination of tax increases and spending cuts to reduce the deficit. A separate group of lawmakers led by Vice President Joe Biden is also working to develop its own deficit-reduction plan.

--Editors: Laurie Asseo, Don Frederick.

To contact the reporter on this story: Brian Faler in Washington at bfaler@bloomberg.net

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net

© Copyright 2015 Bloomberg News. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved