Blogs

Demographic change and its effect on the economy and the budget was a main topic of discussion at the 10th Annual Peter G Peterson Foundation “Fiscal Summit” Tuesday in Washington. Policy experts discussed the importance of dealing with projected deficits…

The federal deficit won’t be eliminated just by cutting waste, contrary to the impression that some elected officials and political candidates try to give the public. More than that will be required. Judging from a recent annual report by the…

Although the tax filing season is over, the Senate Finance Committee seems intent on resurrecting the question of whether to extend certain tax breaks -- known as “extenders” -- that expired well over a year ago. That’s unfortunate. As the…

The Concord Coalition mourns the passing of Alice Rivlin -- a dedicated public servant and one of the nation’s foremost authorities on its fiscal and economic challenges. She was also a tireless advocate of budget reform who shared her knowledge…

Low interest rates on the federal debt have allowed the government to borrow more in recent years without seeing the cost of servicing that debt rise as a share of the economy (GDP). As the debt has climbed from 39…

The Concord Coalition today joined 11 other organizations from across the political spectrum in sending a letter to congressional leaders opposing a package of “extenders” -- temporary business tax breaks -- that expired more than 15 months ago. “On behalf of…

Federal deficits are rising so rapidly that many politicians appear to be throwing up their hands and simply ignoring the numbers. It is true that the necessary fiscal repairs would generally require hard choices and public sacrifices. There is at…

There’s a familiar ring to the latest report by the Government Accountability Office (GAO) on the nation’s fiscal health, and that is not a good sign. The new report reiterates GAO’s past warnings about the federal government’s budget problems and…