Blogs

Republicans and Democrats on the congressional super committee proposed two widely divergent deficit-reduction plans last week, with each side suggesting that the other had fallen far short of what was required.With the committee operating largely behind closed doors, many details…

In addition to the political challenges facing the “super committee” on deficit reduction, it is running short of time. It has a historic opportunity to move beyond partisanship to forge a comprehensive plan for fiscal reform, but under the debt…

The Concord Coalition has updated its popular collection of educational exercises that highlight the importance of fiscal responsibility and the choices that must be made to put the country on a more responsible course.These exercises put some of the most…

As elected officials weighed reforms that could put the federal budget on a sustainable track, the AARP last week reiterated its opposition to even including Social Security and Medicare in the discussion. The organization’s recent explanations for what appears to…

The Government Accountability Office (GAO) released projections this week that serve as a reminder of the importance of the deficit reduction committee’s work and the need for it to exceed the $1.2 trillion target necessary to avoid automatic spending cuts.GAO…

Last week, AARP doubled-down on its insistence that Social Security and Medicare benefits should be off the table in negotiations to stabilize the nation’s debt. (more…)

The Department of the Treasury has released final budget numbers for Fiscal Year 2011, which show that it ended with a deficit of $1.3 trillion -- about the same as the previous year.This marked the third fiscal year in a…

President Obama said Monday he would seek congressional approval of “bite-sized pieces” of his $447 billion plan to bolster the economy after a Senate vote last week blocked the package as a whole, along with a provision Democrats had added…