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The federal government will spend $660 billion this year on health care for Americans under 65 years old, according to a new Congressional Budget Office (CBO) study. The report highlights how the government subsidizes health care costs for nearly all…


During the congressional recess, House leaders are reportedly continuing efforts to bridge Republican disagreements over a proposed budget resolution that follows a bipartisan deal last fall to loosen spending caps by $30 billion for Fiscal 2017. Some House Republicans want…


Updated projections by the Congressional Budget Office indicate the federal deficit in Fiscal 2016 will total $534 billion, nearly $100 billion higher than last year but $10 billion lower than CBO’s January estimate. After declining for several years as the…


The Bipartisan Working Group, headed by Rep. John Carney (D-Del.) and Rep. Jim Renacci (R-Ohio) heard presentations last week from Concord Coalition Executive Director Robert L. Bixby and Maya MacGuineas, president of the Committee for a Responsible Federal Budget. Bixby…


A new study warns of an international “retirement crisis” with many pension and savings programs unfunded or underfunded in both the public and private sectors. “Social Security systems, national pension plans, private sector pensions, and individual retirement accounts are unfunded…


U.S. Rep. Jim Renacci (R-Ohio) introduced a constructive resolution last week to better enforce congressional rules against fiscally irresponsible legislation. The Budget Enforcement Awareness Resolution would make it harder for House lawmakers to waive budget-related “points of order,” which are…


The budget resolution favored by House Republican leaders remains in doubt despite its winning approval on a 20-16 vote in the Budget Committee last week. Hopes for a full House vote this week have fallen by the wayside, with the…


The Centers for Medicare and Medicare Services (CMS) released a report last week on increased prescription drug spending in the United States with projections for such spending to grow more quickly than overall health care spending. Later CMS announced new…


In advance of contests in several key primary and caucus states today, The Concord Coalition recently reminded all presidential candidates that the rising national debt will affect the feasibility of their policy proposals “The debt is your running mate,” Concord’s…


House Budget Chair Tom Price (R-Ga.) says his committee will consider tomorrow a budget resolution favored by GOP leaders and introduced today despite insistent opposition from some Republican lawmakers to discretionary spending levels that were set in a bipartisan agreement…


Future entitlement reforms will likely increase the importance of many workers’ personal savings for retirement. And as the Government Accountability Office (GAO) indicates in a new report, workers deciding how much to save should carefully consider their probable “replacement rates”…


The Obama administration reported last week that it had achieved an initial goal of moving the Medicare payment system towards one that rewards value instead of volume. As announced in January of 2015, the Centers for Medicare and Medicaid Services…

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