The Latest

Today the Senate Budget Committee considered the budget resolution that Chairman Patty Murray released yesterday. The blueprint calls for a mix of spending cuts and tax increases to reduce the deficit and lower the debt-to-GDP ratio. Under Murray’s plan, the…

This week the Senate began considering appropriations legislation to fund the government for the remainder of the fiscal year and prevent a government shutdown. The bill is the result of a compromise reached between Senate Appropriations Committee Chair Barbara Mikulski…

In his semiannual report to Congress on monetary policy last week, Federal Reserve Chairman Ben Bernanke threw in some solid advice on fiscal policy as well. Let’s hope lawmakers were listening.While some progress has been made toward reducing federal deficits…

Americans around the country can support long-term fiscal reform by encouraging their elected representatives to consider the updated framework that Erskine Bowles and Alan Simpson released last month.Bowles and Simpson co-chaired the National Commission on Fiscal Responsibility and Reform, which…

Unable to reach agreement on a better alternative, elected officials allowed the sequester’s arbitrary spending cuts to begin taking effect late last week. But even if these cuts remain in effect, the federal budget will still be on an unsustainable…

Back in August of 2011, with the nation’s debt bumping up against its statutory limit and an election year looming, President Obama and Congress made a deal. They would empower a special committee (the “super committee”) to reach a long-term…

Americans who are concerned about the nation’s fiscal difficulties have a good opportunity to voice their opinions through a grassroots competition put together by the Peter G. Peterson Foundation, according to a new blog post by The Concord Coalition’s Stefan…

Alice Rivlin, a member of two prominent fiscal commissions, called for renewed bipartisan cooperation on comprehensive budget reform in the most recent in a series of forums around the country co-sponsored by The Concord Coalition and the Campaign to Fix…