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Former U.S. Rep. Steven LaTourette, a long-time champion of bipartisan fiscal reform, died last week at age 62 after fighting pancreatic cancer. The Ohio Republican served in the House from 1995 to 2013. In 2012 he introduced a budget plan…


A new report from the Congressional Budget Office reviews the serious problems facing the Pension Benefit Guaranty Corporation’s (PBGC) multiemployer program and analyzes proposed solutions.The PBGC is a government-owned corporation with a critical role: Insuring pension benefits for people in…


One of the best ways to understand -- and explain -- the country’s fiscal difficulties is to look at what we can expect to pay in interest on the rising national debt.After all, people know that if they run up…


Drawing on recently released projections, the Congressional Budget Office (CBO) reiterated on Monday that federal spending on Social Security and health care is on track to increase significantly as a share of the economy in the coming decades."CBO projects that…


Last week the Department of Health and Human Services (HHS) announced its second major move towards “bundled payments” in Medicare. A bundled payment groups all of the normal fees associated with a specific type of medical procedure -- in this…


In the midst of a “bleak” time for the nation’s long-term finances, Phil LaRue, The Concord Coalition’s director of government relations, recently noted three small signs of fiscal life in Washington.The Congressional Budget Office (CBO) and the Social Security and…


The overall budget picture in Washington remains bleak as lawmakers have left town without making any meaningful progress on the appropriations process. They are now anticipating a September scramble to approve a Continuing Resolution (CR) to keep the government open…


The Office of Management and Budget (OMB) has released its annual Mid-Session Review, saying the President’s proposals for 2017 would substantially reduce the deficit from the one expected for Fiscal 2016, which ends Sept. 30. OMB now projects the 2016…


As Congress settles into a near seven-week recess, it seems increasingly likely that a stopgap Continuing Resolution (CR) will be needed before the Sept. 30 deadline for legislative action to keep government services operating. The likelihood of a CR has…


The national party conventions always feature lots of expensive promises, generally with little or no attention given to how they would be financed -- or even how the federal government might pay for the services and support it has already…


Rep. Reid Ribble (R-Wis.) today released a comprehensive proposal to reform Social Security through both benefit changes and tax increases. The bill -- the "Save Our Social Security Act" -- would increase the payroll tax cap, raise the retirement age,…


The United States faces an ever-changing landscape of national security challenges, from ISIS violence to concerns about recent Russian and Chinese actions. Such challenges call for “long-term defense planning, the careful setting of priorities, and new policies to replace old…

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