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Federal budget projections are already quite alarming, with the national debt high by historical standards and rising rapidly. The fiscal picture looks even worse, however, if one takes into account federal insurance programs and other activities that transfer financial risks…


Principles and Priorities, an interactive group exercise developed by The Concord Coalition, continues to help people around the country understand the difficult choices that must be made to put the federal budget on a more responsible path. In recent weeks…


On the heels of its new budget plan with high economic growth projections that have been widely questioned, the Trump administration last week released a report that makes clear these projections rest on a dubious assumption: “full implementation” of the…


At a time when Washington struggles to reach agreement even on short-term decisions, a conference Friday focused some badly needed attention on longer-term trends and policy choices that could shape the country over the next three decades and beyond. “US…


Although the tax and spending suggestions in President Trump’s new budget have received most of the attention, the unrealistic nature of his projections on economic growth must be kept in mind as Congress begins working on plans for Fiscal 2020.…


Congress and the administration have a lot of work to do in protecting taxpayer dollars, judging from a new report from the nonpartisan Government Accountability Office (GAO) on programs that it considers at “high risk” for waste, fraud and mismanagement.…


Some of The Concord Coalition’s most important tools for educating the public about the federal budget and the nation’s fiscal challenge are our budget exercises. We are pleased to announce that “Principles and Priorities,” “Debt Busters” and the online “Federal…


With many lawmakers in both parties acting as if the high and rising national debt doesn’t matter, Federal Reserve Chairman Jerome Powell has provided a timely reminder that it does. Powell delivered that message to Senate and House committees last…


Health care spending will continue its upward climb, taking a larger and larger share of the nation’s economic activity over the next decade, according to new annual projections from the federal government's chief health care actuaries. The health care sector…


As federal agencies and millions of Americans struggle to recover from Washington’s partial shutdown over this year’s budget, we are now facing a potential crisis over the federal debt limit that could have an even greater negative impact. The debt…


Last week the national debt hit $22 trillion and the president declared an emergency. Too bad the two things were not related. Even as the debt continues its upward climb, policymakers seem remarkably unconcerned. In fact, most of the leading…


The Taxpayer Advocate Service (TAS) sends an annual report to Congress that flags problems with the federal government’s tax collection efforts. The latest such report from the agency makes for particularly depressing reading. On top of the usual problems discussed…

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