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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…

WASHINGTON -- With Congress facing important budgetary deadlines in the next few weeks, The Concord Coalition said today that the new Budget and Economic Outlook by the Congressional Budget Office (CBO) underscores that much more needs to be done to…

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…

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…

As policymakers look towards the upcoming budget debates over the debt ceiling and “automatic” spending cuts (the sequester), those concerned with fiscal responsibility should be more focused on policy reforms than achievement of a specific deficit-reduction target.The idea that we…

President Obama’s inaugural address Monday touched lightly on the subject of deficit reduction, but it failed to convey the magnitude of the fiscal problems facing the country and the urgency with which they should be corrected.On the positive side, Obama…