Congressional procrastination could lead to chaotic decision-making on the federal budget after the November elections, but many economists believe this procrastination is already harming the economy. The damage stems from widespread uncertainty over what elected officials will do, if anything,…
Rep. Steven LaTourette, an Ohio Republican who has helped lead congressional efforts to build on the work of the bipartisan Simpson-Bowles fiscal commission, last week announced he would not seek re-election.While he plans to continue pushing for fiscal reform for…
Updated 8/17 with "History of Debt" infographic belowThe Concord Coalition is proud to be partnering with a new effort called "Face the Facts USA." This nonpartisan initiative is a project of the George Washington University School of Media and Public…
The administration has updated its economic and budget projections, indicating that this fiscal year’s deficit will be $1.2 trillion, down $116 billion from the administration’s estimate last February. But this drop is based partly on the assumption that some proposed…