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The severe fiscal, financial and economic difficulties in Europe underscore the need for Washington to develop credible plans for comprehensive, long-term fiscal reforms -- in part because spillover problems from Europe could well aggravate U.S. budget challenges. But Europe’s experience…

The Congressional Budget Office (CBO) today estimated that repealing the 2010 Affordable Care Act (ACA) would increase federal budget deficits between next year and 2022 by around $109 billion, only a small change from previous estimates. The CBO suggests that…

The "Campaign to Fix the Debt" was officially launched last week in Washington with the goal of pushing Congress to pass a comprehensive fiscal reform plan no later than July 4, 2013. The non-partisan initiative involves an array of organizations,…

Although true fiscal reform will require changes throughout the federal budget, many elected officials continue to focus on only one slice of it: domestic spending programs for which Congress approves annual funding.But cuts in this domestic “discretionary” spending can’t do…

On Capitol Hill last week, the House continued to make progress on Fiscal Year 2013 appropriations bills as the full House passed the defense bill with a 326-90 vote, and a subcommittee approved the Labor-HHS-Education bill. The defense bill includes…

As Europe’s debt crisis worsens, American officials and analysts have expressed growing concern about the potential damage it could inflict on the United States. Many also wonder what lessons this country can draw from Europe’s difficulties.The Committee for Economic Development…

Today Concord Coalition Co-Chair Sam Nunn, a former U.S. senator from Georgia, helped launch the Campaign to Fix the Debt. This project is a non-partisan initiative to put America on a better fiscal and economic path. Nunn is a member…

The International Monetary Fund (IMF) has urged Washington to both provide short-term support for the U.S. economic recovery and start to “decisively tackle” its larger fiscal challenges over the next few years. The Concord Coalition has offered similar advice to…