Blogs

The annual federal budget process kicked off this week when the nonpartisan Congressional Budget Office (CBO) published its preliminary baseline for FY 2023 and the ensuing 10 fiscal years (FY 2024-2033). Followers of The Concord Coalition know the federal budget…

“Let's stand up for seniors,” President Biden said in his State of the Union address. “Stand up and show them we will not cut Social Security. We will not cut Medicare.” On cue, the assembled members of Congress did just…

The Bureau of Economic Analysis released its preliminary estimate of real GDP growth for the fourth quarter of 2022 this week. The Concord Coalition is presenting the story in a series of charts—because a picture is worth a thousand words.

Like the legislative equivalent of Groundhog Day, Washington lawmakers are once again in a last-minute rush to pass an end-of year omnibus spending bill that funds the federal government for a fiscal year already underway (FY 2023) - plus a…

On December 3, 2022, proponents of fiscal responsibility lost a pioneering champion: former Congressman Jim Kolbe (R-AZ). When candidates run for federal office, their platform often includes some version of “Elect me–send a leader to Washington!” and for most this…

This week, The Concord Coalition joined forces with three other organizations in jointly sending a letter to President Biden and all Congressional leaders to make a pledge not to take any action that would incur any more federal debt.  In…

The Bureau of Economic Analysis released its preliminary estimate of real GDP growth for the third quarter of 2022 this week. The Concord Coalition is presenting the story in a series of charts—because a picture is worth a thousand words.…

It’s been a busy week for budget news: The Congressional Budget Office (CBO) released a preliminary estimate of the budget deficit for FY 2022; the Social Security Administration (SSA) announced a new cost-of-living-adjustment (COLA) for beneficiaries in 2023; and the…