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What are the essential ingredients for Americans to meet the difficult fiscal challenges facing the country? Sara Imhof, Midwest regional director for The Concord Coalition, points toward civic engagement and a sense of stewardship.She sees good examples in Iowa, where…


State and local governments face severe financial challenges that include slower economic growth, lagging tax revenues and rising health care costs and retirement benefits. But relying on more assistance from the federal government is not a viable option, according to…


A rational debate about tax policy should include whether to let the 2001 and 2003 tax cuts expire, says Concord Coalition Executive Director Robert Bixby. That would bring federal revenues up to about 20 percent of GDP by 2020 --…


House Republicans have outlined their fiscal priorities and ideas about reform in their “Pledge To America.” But while it correctly warns about the hazards of rising government debt, the Pledge lacks a plan to bring deficits down to a sustainable…


Sep 27, 2010
Last week, House Republicans offered a “Pledge To America” outlining their fiscal priorities and reform ideas. As with most such campaign manifestos, it is long on base-pleasing rhetoric and short on troublesome details. (more…)


Defense Secretary Robert Gates, who hopes to save the Pentagon $100 billion over the next five years, has explained in more detail how he plans to do so.Gates said contracting would be made more efficient and productive in a speech…


With the fiscal year nearly over, Congress unfortunately has not passed a budget resolution or enacted a single appropriations bill for the coming year. Attention has now turned to a continuing resolution to keep the government running after Sept. 30.…


Below are several developments we have been following since the last edition of the Washington Budget Report (sign up here) was published. (more…)


At a press briefing Wednesday in Washington, Concord Coalition Executive Director Robert L. Bixby and other budget experts stressed the importance of finding fair, effective solutions to the nation’s fiscal and economic challenges.The briefing, held at the National Press Club,…


There’s talk of a political compromise on extending the Bush tax cuts but Diane Lim Rogers, The Concord Coalition’s chief economist, worries that fiscal responsibility is still taking a back seat. In a blog post today, she writes: “This is…


In a speech to the Council on Foreign Relations, Secretary of State Hillary Clinton last week called the debt level “a national security threat” that sends “a message of weakness internationally.” The debt, Clinton said, “undermines our capacity to act in…


Last week President Obama called for an additional $50 billion in infrastructure spending, which he argued would create jobs and help the nation to compete in the global economy. It is encouraging that the administration has said that it will…

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