Coats: 'I Will Not Be Back For a Third Farewell Address'

Posted: Updated:
(Image courtesy of the Office of Senator Dan Coats) (Image courtesy of the Office of Senator Dan Coats)

Senator Dan Coats (R-IN) has said farewell to his colleagues on Capitol Hill. He thanked Hoosiers for his opportunities to serve and called on legislators to tackle "two transcendent issues that jeopardize America's continued existence as the world's leading nation." This year marks the end of Coats' second stint in the Senate.

The first issue is the national debt, which now exceeds $19.5 trillion. "From a practical standpoint, our country simply can't keep borrowing money we don't have," he said. "One day, if not addressed, this debt bomb will explode and have a devastating effect on our country's economy and on our children's future." He also said programs like Social Security and Medicare are creeping "ever closer" to insolvency.

He also talked about a second issue he called "the terrorist bomb," or threats posed by a possible future acts involving weapons of mass destruction. He said the nation must also adapt to new threats such as cyber attacks. "These challenges require all those who govern to rise above political consequences to make the hard decisions needed to make our country stronger and more secure for future generations."

Coats, a veteran, also served as U.S. Ambassador to Germany, a Congressman and a staffer for Dan Quayle, who later became vice president under George H.W. Bush.

See Coats' speech on the floor of the Senate here:

  • Perspectives

    • Overseas Outsourcing Can Create a World of Problems

      The internet broke down geographic barriers for businesses, making it possible to find lower-cost suppliers around the world. But if companies lack the knowledge and skills to manage those suppliers properly, they may end up spending far more than expected. We’ve worked with companies all over the globe to help our clients meet their advertising and marketing objectives while protecting their budgets. While most of those working relationships have been positive, we’ve had...


  • Most Popular Stories

    • ‘Potential’ Fueling Downtown Makeover in Fort Wayne

      As Fort Wayne prepares to christen its latest big downtown project, Mayor Tom Henry says there are no signs of transformational development slowing down in the state’s second largest city. The Landing, a $34 million downtown redevelopment project, is expected to officially open soon, one of an estimated 14 projects that Henry says can help Fort Wayne become a destination city. Since the opening of Parkview Field more than a decade ago, Henry says momentum has...

    • New study reveals best place in Indiana for young families

      And the Best Place for Young Families Goes To...

      What do you look for in a community when deciding where to start a family and raise your children? There can be several factors to weigh in making a sound decision. Housing affordability. Unemployment rates. Quality of education. Mortage website has released the results of a study pointing to the best places for young families in Indiana.

    • (photo courtesy of The Times of Northwest Indiana)

      Whiting Makes Way for New Building with Familiar Name

      What was an old eye-sore in Whiting will soon be replaced with a new mixed-use five-story building, attracting new business and residents.  The city of Whiting acquired the old Illiana hotel through the Lake County property tax sale process in 2013. 

    • (image courtesy of WPTA TV)

      Indiana Plants Impacted by UAW Strike

      The United Auto Workers union, which totals approximately 49,000 workers at 33 General Motors Co. (NYSE: GM) plants nationwide, went on strike at midnight. The strike affects workers at GM plants in Fort Wayne, Bedford, Marion and Kokomo. The Fort Wayne plant, which assembles full-size pickup trucks, employs about 4,500 UAW workers. Our partners at WPTA-TV in Fort Wayne report several hundred were seen on the picket line throughout the day. In all, about 7,000 UAW...

    • Money magazine judges Fishers as 3rd best place to live in the U.S.

      Fishers Makes Top 10 List of 'Best Places to Live'

      Three communities in Indiana made the top 100 list of best places to live in the country, but only one made the top 10. Fishers was judged by Money magazine as the third best place to live in the United States, behind Clarksville, Tennessee and Round Rock, Texas.