Blogs

Could you loan me ten dollars but just give me five? That way you’ll owe me five, I’ll owe you five, and we’ll be even.That old joke reminds Concord Chief Economist Diane Lim Rogers of a current policy issue: Whether…

New federal budget projections paint an alarming picture of the need for Washington to set better priorities and resist the temptation to dig the government into even deeper trouble with more deficit-financed spending and tax cuts. (more…)

Today we updated our "Plausible Baseline" to take into account the Congressional Budget Office (CBO)'s latest Budget and Economic Analysis.Our press release, "Concord Coalition Says CBO Report Shows Need to Re-examine Fiscal Priorities," is here. (more…)

Since Medicare will put far more pressure on the federal budget than Social Security will in the future, some people question whether the country really needs to worry about Social Security reform. Yes, we do. As Diane Lim Rogers, Concord’s…

Defense Secretary Robert Gates forged ahead this week with more cost-cutting and efficiency efforts at the Pentagon, providing a good example for other government leaders to set better budget priorities. Some of the measures he announced Monday have enough bite,…

Returning briefly from its summer recess, the House of Representatives today approved a bill that would spend $26 billion to ease state budgetary woes. The Senate passed the measure last week. This money would be used to prevent budget cuts…

If President Obama was looking for Congress to rubber-stamp his request for additional “emergency” funding for military operations in Iraq and Afghanistan this year, he was sorely disappointed. He asked for the money last February but a wary Congress didn’t…

Lollipops became an unexpected point of contention as the President’s fiscal commission turned its attention to Social Security. Barry Anderson, who has been head of budgeting at the Organization for Economic Cooperation and Development, said he passed them out to…