senator tom coburn. we'll be right back with him. vo: old navy funnovations inc. presents pop kicks, dun, dun, dun, dun the newest summer shoe! hostess: and me! your hostess with the mostess. we didn't want you to miss a minute of summer fun... ...so we made a shoe that's footloose and fancy heels free! vo: did somebody say footloose? hostess: let's kick it. say yes to summer fun in new pop kicks! for just $9-$12, you can rsvp to everything! vo: old navy. come fun, come all! >> jon: that's our show. join us tomorrow night at 11:00. here it is, your moment of zen. >> that was newt gingrich delivering a speech that last

senator tom coburn. we'll be right back with him.

senator tom coburn. are you? ( cheers and applause ) thank you for joining us. >> glad to be here. >> jon: i wanted to congratulate ow your book. it's called "the debt bomb." i wanted to say, you know, i was theep see-- a lot of times these books are polemic, and they're very belittling of the other side. i felt like you really were-- this feels like a book that stand on principle. i congratulate you for that. >> thank you. >> jon: and your choice of san serif as the font also i thought was an excellent move in a bipartisan way. how-- how bad the debt-- the debt bomb, how bad do you feel like our debt is for us? >> well, it's a problem for us, but it's only-- the degree of severity of it depend on how we react to it and whether or not we will address it. the longer we wait, the harder and more difficult the pain, and the political class' whole goal was to not accept it and do something about it because it affects them personally in terms of their reelection. >> jon: when you say "affects them personally"

tonight, we continue our look at the american economy with tom coburn, republican senator from oklahoma. >> what we lack in our country today is we have got a great country. we lack confidence about the future. i have never seen anxiety higher than our country in my whole 64 years. i have never seen it. and i have been a national, on the national scene all that long but i have been out there in both business and in medicine and everything else. i have never seen people with so limit confidence in our country, and i blame that on both parties, it is because we are not thinking long-term. we are not modeling the behavior that gives people confidence. and confidence is the key from coming out of recessions. >> rose: tom coburn for the hour. next. funding for charlie rose was provided by the following. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> dr. tom coburn is here, sea republican senator from oklahoma, he was a member of the gang of six, a bipartisan group focused on reducing the deficit and part of president obama's deficit re

in america is more and more aware of that every day, and we are fortunate enough to have senator tom coburn with us who happens to be on the homeland security committee actually here. the authorship of his new book

senator tom coburn says it's the debt bomb. and that debt bomb is ticking. nator coburn joins me here on the set next with his ideas for a solution and we're all awaiting the president's address to the nation. we're going to have it for you live right here on cnbc the "kudlow report." this is the first car that i've been totally in love with in every way, shape, and form. it's my dream vehicle. on a day to day basis, i am not using gas. my round trip is approximately 40 miles to work. head on home, stop at the grocery store, whatever else that i need to do -- still don't have to use gas. i'm never at the gas station unless i want some coffee. it's the best thing ever. as a matter of fact, i'm taking my savings so that i can go to hawaii. ♪ only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. >>> all right. there's the presidential podium. you can see it at bagram air fo

there is nobody more qualified to talk about this, oklahoma republican senator tom coburn, author of the new book "the debt bomb", a bold plan to stop washington from bankrupting america. senator coburn, as all, thank you for coming on. i just don't understand how all the democrats in the senate can walk away from their own president's budget. i just don't get that. >> they walked away from their own budget. they didn't offer one, which tells you they don't want to have any votes on details of budgets because they don't want to have to defend not addressing the real problems that are facing our country. so it's easy for them. they know that budget was a sham. that budget doesn't solve any of our problems. actually makes our problems worse and they refuse to put a budget on the floor that will address it and have the votes. >> i hear, senator -- look, we have a lot of guests on this show and on cnbc. investors, business men and women, ceos and whatnot. they're worried about gigantic tax increases, not least of which dividends and capital gains, but a whole gigantic tax hike. they're wo

. >> rose: tom coburn for the hour. next. funding for charlie rose was provided by the following. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> dr. tom coburn is here, sea republican senator from oklahoma, he was a member of the gang of six, a bipartisan group focused on reducing the deficit and part of president obama's deficit reduction committee and known for being a fiscal and social conservative he unveiled a proposal that would reduce the deficit by $9 trillion, cutting everything from discretionary and mandatory spending to tax reform. he talked about our fiscal imbalances and how to balance them. it is called the debt bomb. i am proud to have tom coburn at this table, with many discussions while he was in washington and i was in new york. >> thank you, charlie. >> rose: i should say several things about you as we begin and many people who do what i do understand this. what is interesting about you is one, a medical doctor, also, unique about you, i mean you have been strongly, strong passionate feelings about aborti

. >> greta: hear from senator tom coburn, congressman john mica and the many other examples of fraud, scams and schemes that will leave you fuming. they're draining your wallet and your faith in government. ch we spoke with former governor sarah palin, who was steamed about the waste. >> what are we getting for the tax dollars taken from our income, being sent to the federal government today? we are getting -- higher unemployment numbers than when barack obama first took over. we are getting less energy secure than when barack obama took over. there are so many problems in the federal government and it does -- this leadership, starting at the top, if the president isn't held accountable to make sure he's appointing the right people in these positions to run our government, we are in a world of hurt. >> greta: we spoke with the chair of the house oversight government reform committee, darrell issa about the gsa scandal. my thought is, i am pretty revved up about this because i think it's appalling. when i think of what $840,000 could do for so many important projects in the government,

. >> woodruff: we talk with oklahoma senator tom coburn about his plan to tackle the nation's escalating fiscal crisis, as told in his new book, "the debt bomb." >> every one is going to have to sacrifice. every one of us. and if we delay putting off sacrifices, the pain is going to be much more difficult and much more severe. >> ifill: we look at which nations are best and worst at creating healthy mothers and children. >> woodruff: and we remember maurice sendak, the man who created the children's classic, "where the wild things are." >> it made my life pleasurable. i'm happy to have one book like that. pap pap pap >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> citi turns 200 this year. in that time, there have been some good days and some difficult ones. but through it all, we persevered. supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. >> by nordic n

senator tom coburn on thursday urged both national parties to voluntarily return millions of taxpayer dollars they received to fund their nominating conventions saying democrats and the gop should show leadership in reducing the federal deficit. the democratic and republican national committees each have pocketed $18.2 million from the u.s. treasury to help defray the costs of the democrats' three-day gathering in charlotte and the gop's four-day convention in tampa. mr. coburn said giving back the taxpayer money would show voters that both parties are serious about fixing the country's financial woes. next is newburn, north carolina, warren. you're on. >> caller: hi. how you doing? >> good. thank you. >> caller: good. i was just wondering, you know, we keep hearing all the time about how lobbyists are putting money into the government and politicians. why can't some of the money from the lobbyists be diverted and used to pay some of the debt ceiling? >> okay. leave the as an idea. thanks, warren. another warren is in the news, and that's warren buffett. yesterday he made a major inve

coming up, senator tom coburn warns that the u.s. will be greece in two years.not talking about white sand beaches and blue seas. what does he mean? and in two minutes, governor chris christie gets in the middle of one of the nation's hottest political controversies and he is bringing tough talk to the midwest. where is the new jersey governor? what did he say, this time? that's in 2 minutes. [ female announcer ] philadelphia cooking creme. a simple way to make dinner fresh and new again. just stir it in. now it only takes a moment to make the moment. ♪ spread a little joy and see ♪ need a little happiness to be ♪ ♪ living the life my new apartment isn't that far away. it's 4.2 miles away ! with this droid razr... motorola... verizon 4g lte... video... skype. you're gonna get lost. this has gps. well, that makes me feel better. me too. i'll go get two from the back. okay. this mother's day, get the droid razr by motorola. only $99.99. the lowest price ever. verizon. >> greta: stunning words from governor chris christie, he says wisconsin's going to be the center

politicians today in both parties are being so reckless with entitlement. >> we have tom coburn coming big difference. exactly. exactly. >> coburn and by the way, coburn and a few senators are actually talking responsibly. >> we'll talk to tom coburn about this coming up. >> by the way, can i say quickly, one of those you can talk about coburn. he's certainly been that way. hat tip to dick durbin who, it was a democrat, it was not easy for him to endorse simpson/bowles. look at other republicans saying we are going to have to take care of things from both sides. of course, ron wyden getting absolutely hammered by his own party because they are reckless demagogues, the leaders have been reckless demagogues. ron wyden had the courage to step forward and say we have to work with the other side to save this country. every meeting he goes into, he is shunned and attacked. he hasn't told me this. other people have. the democrats are killing him because he's had the courage to try to save all of us from this debt explosion that is coming. >> he's going to be on on monday. >> oh, good. >> for

what do you think of what tom coburn said? really our debt and our financial collapse is more important to our security than nation building in afghanistan. >> i think the first thing is we need to finish the job against al qaeda and stay and finish the plan in afghanistan. i think the second thing is we've got to create jobs and start this economy growing. and then in the midterm, we'll have the resources to adequately address the debt problem. >> so, wait, let me get this straight. you're saying what? in the next two years we should do what here at home to produce revenues to finance -- what do we do? >> let's do energy. we're spending $300 billion a year importing oil. >> right. >> we've got all the resources we need in america to do that on our own. >> isn't the epa clogging it up? outer continental shelf, alaska. >> i think it's a combination of things. i think it's a combination of regulation, business reticence, i think it's ceos, i think it's funds who look abroad. everybody abroad would much rather invest in the safet

. >>> coming up, we talk to tom coburn. you want to make everything dirty. you just do. it's awful. also, dr. emanuel and nancy snyderman will join us to talk about two medical stories. the alarming increase of teens with diabetes. we'll get to the stories. plus, eugene robinson joins us. up next, the top stories from the political play book. first, here is bill karins with a check on the forecast. bill? >> a dreary morning. it's still a light drizzle and light rain event. it will last through much of the morning rush hour. it will be slow. on this map, the blue is the drizzle, the green is rain. it's primarily new york city. up to boston is dealing with bet weather. late this afternoon, a thunderstorm or two around pittsburgh and d.c. and baltimore. the majority of the day will be dry. get ready, a hot weekend is headed your way. temperatures in the upper 80s and 90s. the hot weather is around the corner. right now, it's in dallas, denver and phoenix. phoenix, 108. near record heat in the southwest. denver up to 93 degrees today. as i mentioned, a lot of hot weather is going to spr

in america is more and more aware of that every day, and we are fortunate enough to have senator tom coburn with us who happens to be on the homeland security committee actually here. the authorship of his new book "the debt bomb" which will get into his diagnosis of the broader issues in just a second, but in the context of the news of the day, your initial response to the extent you even have one to the news. >> coming from a fairly conservative state, i can tell you there's big-time war fatigue in oklahoma as well in terms of questioning, what are we doing, what are we accomplishing? i think it will do well for the president to explain whatever this new agreement is is why we need to do it. what are we accomplishing? what are our goals and what's it going to cost? and i think that's what has to be answered. that's a question i get all the time. are we making enough headway to secure something that's worth securing and the cost in both human life and injury but also financial resources. >> how do you answer those questions? what is our mission? >> it's been a lesson a year since i was ove

jon: later in the hour, we'll be talking with senator tom coburn of oklahoma. ed henry at the white house, thanks. harris: for more, we are joins by buck mccain of california, chair of the house armed services committee. good to have you this morning. you just heard jon scott talking with our correspondent about the fact that john mccain was praising the president's surprise visit to afghanistan and in fact leaders in the senate had said they would not release a formal criticism of the president, but do you have some critical words. why? >> well, i was happy to see the president go. i think it's good for the troops, it's good for the morale, i think it's good for the american people to hear directly from the president about the good things that are happening, and the progress that we're making there. my only criticism is he doesn't do it enough. i wish he would speak more to the american people and tell them the good things that our troops are accomplishing over there, and i think that would better prepare them for when we hear bad news. you know, a few weeks a

but what do you say when a guy like tom coburn criticizes you from the fiscal conservative perspective well, coburn has done some very good stuff in fighting against earmarks. however, he has regularly come out in favor of tax increases in the past, so he doesn't have any standing as a reagan anti-tax republican. he's done some good things on spending. sadly, he's in favor of the ethanol mandate, which is very damaging to the economy, and something that we have opposed him on, so he's a little sensitive on that. so, however, to his point, the taxpayer protection pledge, which is a commitment that any elected official can make if they wish to their voters, they don't have to, and they say in writing if you elect me to be a congressman or senator and i go to washington, i'm not going to raise your taxes. when we have a challenge, i'm going to reduce spending, i'm going to reform government. most politicians have a choice, whether they're governors and you see this in the pro-reform governors around the country, they're not raising taxes, they are reforming government and that's what's wo

joining us now is oklahoma republican senator tom coburn, a member of the simpson bowles fiscal commission"debt bomb." a bold plan to stop washington from bankrupting america. thank you for being here. >> good to be with you. >> you're a conservative guy. what do they say about your attitude against the taxpayer pledge? >> it's a non-factor. just some constructive criticism. i think it's totally overblown by the press. we agree that the government shouldn't grow. we want the lowest tax rates we can have. we don't want to raise taxes on anybody. simpson bowles had me and senator greg on it. we voted for reforming the tax code which would raise revenues. we had 33 senators vote to eliminate the ethanol blending tax credit. it's overblown. we want to fix the problems in the country. we're willing to have increased revenues for the government. our problem with the grover tax pledge is he randomly picks what he decides is a tax increase. i would tell you that eliminating tax credits and tax gimmicks and tax loopholes is eliminating spending, it is not raising taxes. >> i think this is an import

coming up, senator tom coburn warns that the u.s. will be greece in two years. not talking about white sand beaches and blue seas. what does he mean? and in two minutes, governor chris christie gets in the middle of one of the nation's hottest political controversies and he is bringing tough talk to the midwest. where is the new jersey governor? what did he say, this time? that's in 2 minutes. everyone in the nicu, all the nurses wanted to watch him when he was there 118 days. everything that you thought was important to you changes in light of having a child that needs you every moment. i wouldn't trade him for the world. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. if you're caring for a child with special needs, our innovative special care program offers strategies that can help. >> greta: stunning words from governor chris christie, he says wisconsin's going to be the center of the political universe. what is he talking about? he is trying to rally support for governor scott walker, who