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The Treasury Department has released preliminary spending and revenue totals for the first half of the fiscal year showing a slight improvement in the deficit compared to the same period in FY 2009. However, it is too soon to know…


The Senate Budget Committee announced today that it would mark up a budget resolution beginning on Wednesday. At press time, however, the House was still considering whether or not to go forward with a budget resolution this year. (more…)


Recently on The Concord Coalition Blog, The Tabulation, Chief Economist Diane Lim Rogers examined how difficult it will for President Obama to both keep his pledge to reduce the deficit to around 3 percent of GDP annually and to not…


The official annual reports on Social Security and Medicare will be delayed until June 30 so that they can include the impact of new health care legislation on the programs, according to an Associated Press story. The annual reports from…


There are several key issues to watch in this year’s budget and appropriations process. The goal is to have all of the appropriations bills signed into law by the President by Oct. 1, the start of the new fiscal year.…


As Congress returns from its two-week recess, budget issues will be at the top of the agenda. We will be hearing a lot about the President’s budget, the Congressional Budget resolution, and appropriations bills. These terms are frequently used together,…


I have never been a fan of the Bush tax cuts. I’ve always felt they were too costly, too skewed to the rich, and did too little to make the tax system more efficient. Concord also warned about the 2001 and…


Members of the National Association of Housing and Redevelopment Officials (NAHRO) opened their annual legislative conference in Washington March 28 by hearing a sobering assessment of the nation’s fiscal outlook. A panel consisting of Concord Coalition Executive Director Bob Bixby,…


Q: Why are different numbers sometimes used to describe the federal debt?A: The figure that appears most often in the news is the government's total debt (or gross debt), which is nearly $12.8 trillion. But this figure has two components:…


Defense Secretary Robert Gates has announced new policies on the Pentagon’s use of retired generals and admirals as high-paid consultants, some of whom were being paid up to $440 an hour. The consultants, known as “mentors” in the military, will…


Chapel Hill, N.C. –- North Carolina residents who worry about the country’s fiscal future learned what they and their elected representatives could do about it at a forum last week entitled “Fixing Our Fiscal Future.” (more…)


College Park, Md. -- House Majority Leader Steny Hoyer last week urged Republicans and his fellow Democrats to work together to put the government’s fiscal house in order before growing debt brings “an end to American leadership in the world.”…

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