Blogs

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…

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.