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Earlier this month in Portsmouth, New Hampshire, experts on the federal budget emphasized the need for public engagement, long-range thinking and a range of policy changes to meet the country’s fiscal challenges.“We can’t solve this problem doing just one thing,”…


Last week the Department of the Treasury released final budget numbers for Fiscal Year 2010, showing that it ended with a deficit of $1.3 trillion. This is $122 billion less than the preceding year, but still one of the highest…


Once again, the Congressional budget process broke down this year. The fiscal year ended last month without Congress passing a budget resolution or a single appropriations bill for the new fiscal year. Cliff Isenberg, chief budget counsel for The Concord…


The Social Security Administration announced on Friday that for the second year in a row there would be no cost-of-living increase in Social Security benefits for 2011. Why not? As the SSA explains, this is a straightforward, non-political determination based…


Political candidates talk a lot about cutting waste and questionable spending on programs that make up only a small part of the federal budget.But Concord Executive Director Robert Bixby points out in a new op-ed article that the growing costs…


Residents of a state accustomed to vetting presidential candidates demonstrated a strong interest last week in more responsible federal budget policies, showing up in force for programs focused on possible solutions to the nation's fiscal challenges.The programs in Des Moines,…


Prominent on the long list of unfinished business in Congress was confirmation of the President's nomination of Jack Lew to head the Office of Management and Budget. Two Senate committees with jurisdiction over the nomination held public hearings and promptly…


Before leaving Washington last week until after the election, Congress passed a continuing resolution (CR) to prevent a government shutdown. This was necessary because Congress failed to pass any of the 12 appropriations bills needed to fund the government in…


The government wrapped up Fiscal Year 2010 last week but let’s skip the champagne. The likely 2010 deficit of approximately $1.3 trillion and the previous year’s deficit of $1.4 trillion were the two largest federal deficits since World War II.But…


Oct 4, 2010
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…)


In an op-ed article on Sept. 26 in the Des Moines Register, I pointed out that “…regardless of age, socio-economic status or political ideology, we are all affected by inefficiencies in our health system, irresponsible tax and spending policies in…


When Congress soon leaves the Capitol for the campaign trail, a long list of unfinished business will likely be left behind. This year will mark the first year since the modern budget process was created in 1974 that no budget…

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