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On his way out the door, retiring Senate Budget Committee Chairman Kent Conrad (D-N.D.) had a lot to say. It was a final reminder -- he called it a challenge -- from one of the Senate’s foremost deficit hawks of…

As they continue wrestling with the nation’s fiscal and economic challenges, elected officials in Washington would do well to keep the example of the late Warren Rudman in mind. (more…)

After months of debate and negotiation, Congress on Tuesday approved legislation to avoid the most immediate consequences of the “fiscal cliff” but that falls far short of the more comprehensive reforms that many advocates of fiscal responsibility had hoped to…

Once again we have a political punt. With no time left on the clock, Senate Democrats and Republicans have approved a deal to avoid the most immediate consequences of the so-called “fiscal cliff.” The defining feature of the deal, however,…

The pace of budget negotiations between President Obama and House Speaker John Boehner has picked up in recent days, with the two meeting again on Monday at the White House.With the latest exchange of offers, Obama and Boehner seem to…

In the Senate last week, the Democratic Steering Committee selected Senator Patty Murray (D-Wash.) to lead the Budget Committee during the 113th Congress. Murray will replace Senator Kent Conrad (D-N.D.), who is retiring at the end of this Congress and…

In September 1992, three concerned public figures launched The Concord Coalition in front of a national debt clock in New York City. Sen. Warren Rudman, R-N.H., former Sen. Paul Tsongas, D-Mass., and former U.S. Secretary of Commerce Peter G. Peterson…

The federal debt is a “ticking time bomb” that puts the U.S. economy at risk, jeopardizes our standard of living and threatens national security, according to a new report by Strengthening of America – Our Children’s Future.Strengthening of America is…