At a House Budget Committee hearing last week, the chief actuaries for Medicare and Social Security once again reminded lawmakers of the serious demographic and fiscal challenges lying ahead for both programs and the federal budget.Richard Foster, chief actuary of…
Voters must push elected officials and political candidates to move forward on fiscal reforms that can protect younger Americans and future generations from the consequences of excessive government debt. Bob Kerrey, co-chairman of The Concord Coalition’s board of directors, hammered…
As elected officials and political candidates continue to debate the nation’s fiscal problems, The Concord Coalition this week emphasized the need for Washington to deal with long-term “structural” deficits in the federal budget even as short-term measures are used to…
Administration officials defended the President’s budget at committee hearings last week that followed an all-too-familiar script: Democrats supported the budget, Republicans condemned it, and there appeared to be little room for bipartisan compromise in the near future. At House and…