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It is deeply disappointing that in his first State of the Union Address President Trump failed to mention the state of the nation’s finances. He could have told the American people that the national debt is at its highest level…


Fiscal responsibility lost a great champion on Friday with the tragic death of Ed Lorenzen and his youngest son. At The Concord Coalition we lost a valued colleague and cherished friend. Our hearts go out to Ed’s family, including his…


No sooner had Congress approved its fourth budget stop-gap measure in four months than lawmakers began talking about the need for a fifth one in February. On Wednesday the No. 2 Republican in the Senate, Majority Whip John Cornyn, raised…


The U.S. Chamber of Commerce has presented a new infrastructure plan that includes a realistic look at two key issues: the federal gas tax and the need for immigration policies that will ensure a sufficient labor force. On the gas…


Lawmakers on Capitol Hill are debating whether to revive the practice of earmarks after President Trump expressed support for reversing a ban that has been in place since 2011. The ban was originally touted as a way to crack down…


National Taxpayer Advocate Nina E. Olson warns that budget cuts in recent years have significantly reduced the ability of the IRS to explain and enforce the tax code, a situation likely to result in greater confusion over the tax overhaul…


During the 2016 presidential election and his first year in the White House, President Trump often promised to significantly increase military spending. He sounded that theme again last month in releasing his National Security Strategy, saying “historic investments” were required…


Elected officials in Washington know that the federal budget is on an unsustainable path, with the debt projected to rise rapidly over the next 10 years and beyond. That would be true even in the unlikely event that the tax cuts…


When it comes to budget negotiations, many interest groups demand that certain items be considered “off the table” and exempt from any changes. The reality, however, is that everything needs to be on the table for both economic and political…


To reduce budget deficits, policymakers must make politically painful policy changes by raising taxes on constituents and/or reducing spending on services provided to them. Because different tax increases or spending cuts of the same magnitude do not always have the…


While still working on tax legislation, Congress now finds itself in an all-too-familiar place: Only days away from a possible government shutdown because spending decisions that should have been made months ago are still up in the air. Since Fiscal…


Before Congress approves a final package of tax cuts estimated to add more than a trillion dollars to the national debt over 10 years -- in addition to the $10 trillion already projected under current law -- The Concord Coalition…

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