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Some in Washington are ready to declare victory over the deficit problem, and on Monday Standard & Poor’s said it would revise its credit rating outlook for the government from negative to stable. But the deficit problem is actually still…

One big reason why pundits and policymakers should exercise caution about declaring “mission accomplished” based on near-term deficit projections by the Congressional Budget Office: When projecting future taxation and spending levels, the CBO is legally required to assume that current…

Judging by recent media reports, there is a growing belief in Washington that the best way to deal with the deficit is to “declare victory.” It won’t work. The deficit problem is far from being solved and its lengthy shadow…

WEST PALM BEACH, FLA. (more…)

While Medicare trustees highlighted the fiscal challenges facing the program last week, the United Health Foundation issued a report that underscores the rising demands on Medicare as increasing numbers of older adults deal with obesity, diabetes and other chronic diseases.Every…

Although the federal deficit is now dropping, members of Congress should heed Federal Reserve Chairman Ben Bernanke’s recent warnings about the need to focus more on the country’s long-term fiscal imbalances.“To promote economic growth and stability in the longer term,…

WASHINGTON -- With today’s Social Security and Medicare Trustees Report showing the growing strain the two programs will have on general revenues in the years ahead, The Concord Coalition strongly urged lawmakers to resume negotiations on a long-term fiscal sustainability…

While there are plenty of distractions these days in Washington, elected officials should try to remember that much remains to be done to meet the nation’s fiscal challenges.“Members of Congress in both parties need to stop playing make-believe with voters…