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The administration has requested $65.8 billion in funding for the Overseas Contingency Operations (OCO) account in 2015, including money for certain items that seem more appropriate for the military’s base budget.The OCO account is exempt from discretionary spending caps while…


Concord Coalition Executive Director Robert L. Bixby told a House panel last week that switching to a two-year budget cycle would make time for better congressional oversight, improve long-term planning and help lawmakers focus on badly needed fiscal reforms.He and…


Short-term improvements in the federal government’s finances have led to widespread complacency in Washington about fiscal reform. (more…)


More than 7,000 students, retirees, political leaders and other citizens have played The Concord Coalition’s updated Federal Budget Challenge since we put the latest version online a month ago.The exercise lets players decide for themselves how they would reduce the…


The Concord Coalition is honoring Senators Dick Durbin and Tom Coburn with the 2014 Paul E. Tsongas Economic Patriot Award for their deep commitment to fiscal responsibility.“Senators Coburn and Durbin have tirelessly encouraged their colleagues in both parties to focus…


Former U.S. Senator Judd Gregg of New Hampshire and former Pennsylvania Governor Ed Rendell called for bipartisan action to rein in the federal debt at a forum last week in New Hampshire.Gregg, a member of The Concord Coalition’s Board of…


The House passed its Fiscal 2015 defense spending bill last week without key reforms that the Pentagon had proposed.The legislation, opposed by the administration, appropriates $490.7 billion for the base military budget. The legislation includes weapons systems the Pentagon has…


After lawmakers last year reached a bipartisan budget agreement, this was supposed to be the year of a harmless fiscal ceasefire on Capitol Hill. Unfortunately, the ceasefire is becoming a retreat on fiscal responsibility.“On issues ranging from tax and entitlement…


Following last year’s bipartisan budget agreement, this was supposed to be the year of a harmless fiscal ceasefire on Capitol Hill. Unfortunately, the ceasefire is becoming a retreat for fiscal responsibility. (more…)


More than 7,000 students, retirees, political leaders and other citizens have played The Concord Coalition’s updated Federal Budget Challenge since we put the updated version online a month ago. (more…)


The Congressional Budget Office (CBO) recently emphasized the need for lawmakers to soon address the revenue shortfall in the Highway Trust Fund, which must otherwise stop some payments for ongoing projects later this summer.Congress, however, is still struggling to find…


Higher education costs have been in the spotlight recently as President Obama and Sen. Elizabeth Warren (D -Mass.) have pushed loan refinancing plans to ease the debt burden facing many young Americans and their parents.While refinancing loans could help, a…

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