The present invention provides a cutting tool for surgical procedures. More specifically, the present invention provides a rotary surgical cutting tool which overcomes the disadvantages of prior art surgical cutting tools by providing a rotary cutting tool having straight flutes, with each side of the flute being provided with a cutting edge that permits cutting in both directions during limited oscillatory motion of the rotary surgical cutting tool. The areas between the cutting edges are provided with relief to reduce friction while the flute moves the cut material away from the cutting edges.