Blogs

Concord Coalition Executive Director Robert L. Bixby offers two key suggestions for improving the congressional budget process: Plan ahead and pay the bills.Congress could start by simply following the rules and statutory requirements that are already in place, including the…

The recent release of House Ways and Means Chairman Dave Camp’s detailed plan for comprehensive tax reform was unfortunately met with a collective shrug by his congressional colleagues in both parties.“By adding specifics to what is usually a hypothetical discussion,…

In testimony to lawmakers last week, Federal Reserve Chair Janet Yellen criticized current fiscal policy, saying budget cuts have put a drag on the economy while longer-term deficit projections still need to be addressed.During her testimony to the Senate Banking…

Ways and Means Committee Chairman Dave Camp (R-Mich.) released a detailed discussion draft on comprehensive tax reform Wednesday that eliminates inefficiencies in the tax code and makes it simpler. The Concord Coalition commends Chairman Camp for his efforts. (more…)

In an analysis of its recent Budget and Economic Outlook, the Congressional Budget Office (CBO) underscores a key point: That growth in health care and retirement programs, together with rising interest payments, will drive projected federal deficits and debt higher…

House Ways and Means Chairman Dave Camp (R-Mich.) is urging Republicans on the committee to support comprehensive tax reform, telling them in an email last Wednesday that he would release a first draft of his tax reform plan later this…

In a disappointing show of political panic, Congress last week overturned a reasonable reform it passed just last December in future cost-of-living adjustments for military pensions going to working-age beneficiaries. President Obama signed the reversal legislation last weekend.The episode does…

Although Congress recently completed its budget process for this fiscal year and took action to avoid another federal debt crisis, Washington has again postponed action on the larger challenge of long-term fiscal sustainability.“Our nation’s future remains at risk,” warns Paul…