Blogs

When The Concord Coalition was founded in September 1992, it was already apparent that the federal budget was on an unsustainable path. Thirty years later, that is still the case. Despite the “peace dividend” of the 1990s, and surprisingly lower…

After a three-week delay, we finally know how much deficit reduction was achieved in H.R.5376, the Inflation Reduction Act (IRA)—the final installment of President Biden’s Build Back Better agenda. After changes imposed by the rules of reconciliation in the Senate…

After a lengthy delay, the Congressional Budget Office (CBO) finally published its much anticipated budget baseline.

This week, the House and Senate gave final approval to a $40.1 billion emergency supplemental appropriations bill for Ukraine.

The U.S. economic recovery from the COVID-induced recession continues to surprise. On April 28, the Bureau of Economic Analysis (BEA) released its preliminary estimate of first quarter real GDP for 2022. Most economists predicted a slowdown from the explosive 6.9 percent…

The House and Senate returned this week after a two-week spring break. Lawmakers have a lot on their plates between now and the end of the year—a year shortened by the campaign season and the November midterm elections. As…

The week of April 4 began with hopeful optimism as a bipartisan group of Senators reached a tentative agreement to replenish emergency funds needed to restock federal supplies of COVID vaccines, therapeutics, and testing equipment. With COVID cases rising…

According to the White House, President Biden will unveil his FY 2023 budget on Monday, March 28. The proposal is expected to be a traditional budget, meaning it will include detailed supplemental information such as the economic projections that…