My least favorite argument in deficit reduction debates is that a particular option can’t be chosen because it is too unpopular. If that criterion is strictly applied, we might as well fold our tents and wait for the inevitable fiscal crisis…
Fiscal Year 2010 ended last Thursday but no one was popping champagne corks. Little wonder. For the second year in a row, the federal government ran a budget deficit well in excess of one trillion dollars. (more…)
WASHINGTON----With the 2010 Social Security and Medicare Trustees’ Report scheduled to be released on Thursday, The Concord Coalition today urged lawmakers, the president’s fiscal commission and the public to focus on the report’s projected cost growth of the two largest…
Public concern about the nation’s rising debt burden is beginning to have an impact on the legislative agenda. That much was evident as the House passed a scaled back “extenders” bill (H.R. 4213) on May 28 by a slim margin.…