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Although recent projections from the Congressional Budget Office offer some encouraging news in some areas, they also show why comprehensive fiscal reforms are badly needed.On the positive side, the CBO expects the annual deficit to drop below $1 trillion for…


Erskine Bowles and Alan Simpson, who co-chaired the National Commission on Fiscal Responsibility and Reform, proposed a new fiscal framework Tuesday that would put the nation’s finances on a sound and responsible path.“It is time to replace crisis-management budgeting with…


With the automatic spending cuts required by the Budget Control Act (BCA) scheduled to begin taking effect next week, both parties have continued to make partisan speeches while making no apparent progress on a potential compromise. The BCA required total…


The next three months will be critical in terms of addressing the nation’s mounting fiscal challenges, according to Dave M. Walker, founder and CEO of the Comeback America Initiative and former U.S. comptroller general.“There are many fiscal issues that need…


David M. Cote, chairman and CEO of Honeywell, warned at a New Hampshire forum on the federal debt Monday that the nation’s current fiscal policies would harm future generations of Americans.“All we’re doing is setting up this big debt problem…


President Obama has repeatedly expressed interest in reaching a broad, bipartisan agreement that could put the federal budget on a more responsible and sustainable path. With tonight’s State of the Union, he has the opportunity to lay solid groundwork for…


By David M. Walker Over the past 20 years The Concord Coalition has worked to build an impressive grassroots network. Given our nation’s poor financial condition and fiscal outlook, it is more important than ever to inspire action within that…


President Obama signed legislation this week to suspend the federal debt limit until mid-May as Democrats and Republicans continued to debate a range of budget issues. The Senate approved the debt limit legislation on a 64-34 vote last Thursday that…


The Congressional Budget Office released its new Budget and Economic Outlook Tuesday, providing an array of statistics that show why elected officials must focus this year on structural reforms to put the federal budget on a more sustainable course.“Congress and…


Speakers at a forum last week in Nashville explained why the rising federal debt jeopardizes the country’s future and urged Tennesseans to support bipartisan efforts to deal with the problem.“In the past we ran big deficits in response to specific…


The Concord Coalition, which has long viewed public engagement as essential to U.S. fiscal reform, is partnering with the Campaign to Fix the Debt to present a series of public forums around the country in the coming weeks. This joint…


House Republicans have proposed a plan to remove the threat of a government default in February and eventually increase the debt limit by enough to cover federal borrowing through May 19. The plan, which the House is expected to vote…

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