He didn’t come out and say it, but Sen. Tom Coburn definitely sounded like he’s ready to support some type of intervention to keep the nation’s financial system stable.
Just minutes ago, Coburn, R-Muskogee, perhaps the most fiscally conservative member of Congress, said in a speech on the Senate floor, “We’ve got to do what’s right … and we should not leave here until this is solved.”
He said he had never seen economic turmoil of this magnitude in his life.
“Very few people have seen the kind of risk this country is at,” he said.
Sen. Jim Inhofe, R-Tulsa, came out Tuesday against the plan as offered by the Bush administration.
Again, Coburn didn’t say he was for or against any elements of the government intervention being pondered, but he gave what his colleagues termed a “statesman-like” speech on the matter.
UPDATE: Sen. Barack Obama just said at a news conference that Coburn had called him to urge him to make a joint statement with Sen. John McCain about the need for a bipartisan solution to the nation’s financial mess.