In short, the needs are sweeping and urgent, and a deal needs to be struck. The Democrats in their House bill started at $3 trillion in aid. When they finally sat down, Senate Republicans began at about $1 trillion. Surely…
The Concord Coalition issued the following statement today by Executive Director Robert L. Bixby regarding updated economic and budget projections from the Congressional Budget Office: Despite eye-popping near-term deficit projections, the more significant and troubling aspect of CBO’s updated projections…
“If we were to suffer a recession identical to the Great Recession again, Social Security’s trust fund would be gone in 2029,” BPC analyst Nicko Gladstone said. He detailed his findings on a podcast for the Concord Coalition, a venerable…
On June 9, the United States quietly reached an inauspicious milestone: our nation’s total federal debt surpassed $26 trillion for the first time. Given the dual crises of coronavirus and civil unrest that dominate national headlines, it’s not surprising this…
