Blogs

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…

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…

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…

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…

The Treasury Department has released its annual assessment of the nation’s finances, projecting that deficits under current policy will cause the government’s debt-to-GDP ratio to double over the next 30 years and quadruple over the next 75.The 2012 Financial Report…