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Health care programs are the largest and fastest growing in the federal budget. These programs include Medicare (providing health insurance for older Americans), Medicaid (providing health insurance for lower-income Americans), the Children’s Health Insurance Program, and subsidies for individuals to…


The Concord Coalition is celebrating its 25th anniversary this year. From the beginning, we have been more than “deficit hawks” with an eye only for balanced budgets. Rather, our focus has always been - and remains - achieving federal budget…


Over the past 25 years, The Concord Coalition has hosted hundreds of events with lawmakers, universities, civic organizations, trade associations and many others to focus attention on the nation’s long-term fiscal challenges. Our goal has been to present these audiences…


The Congressional Budget Office (CBO) provides a critical service for policymakers and the public: projecting the budgetary and economic impacts of proposed legislation. Since its inception in 1974, CBO has established an unparalleled track record for objectivity and analytical rigor.…


Many politicians who want to simultaneously receive credit for promoting fiscal responsibility while avoiding the tough decisions required often look for easy solutions. The two most common of these are pledges to cut “waste, fraud and abuse” and to “grow…


The heart of the nation’s long-term fiscal challenge is a changing demographic landscape. The ongoing retirement of the baby boom generation will continue to slow the growth rate of the workforce, which will slow potential economic growth (GDP) compared to…


While much has changed in the past 25 years, this fundamental reality has not: Federal budget policy remains on an unsustainable track, driven by structural forces that increase federal spending faster than revenues. (more…)


A group of prominent economists and experts on the federal budget warned at The Concord Coalition's 25th Anniversary forum that the government is on an unsustainable fiscal course that puts the country’s future at risk and could place an unfair…


Congress has a curious way of doing financial business: It agrees to spend money and then periodically threatens not to pay the resulting bills. It is a bizarre and potentially dangerous political ritual, unique among national governments around the world,…


A new report by Charles Blahous and Robert Reischauer, who up until last year were the public trustees of Social Security and Medicare, highlights the financial challenges facing both programs as part of a new initiative at the Bipartisan Policy…


The federal government’s financial problems are so large that all parts of the budget -- from entitlements to defense spending to tax breaks -- should be considered “on the table” for fiscal reform discussions. Comprehensive, lasting reform will require substantial…


After a recent “Budgets & Beers” presentation concerning federal budget problems -- notably a massive and growing debt -- I was asked: “What hope do we have for the future?” That is a good question, one that comes up frequently…

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