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WASHINGTON -- The Concord Coalition today applauded the efforts of a bipartisan group in the House of Representatives to encourage a long-term balanced budget plan based on the principles of the 2010 National Commission on Fiscal Responsibility and Reform (Simpson-Bowles).…

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…

Nashville, Tenn. – Former Tennessee Gov. Phil Bredesen, Fix the Debt State Co-Chair Tim Pagliara and Concord Coalition Executive Director Robert L. Bixby will discuss solutions to the rapidly growing federal debt at a breakfast program tomorrow morning at Lipscomb University’s…

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…

With a 241-180 vote, the House last week approved legislation to provide $50.5 billion in appropriations to aid recovery from damage by Hurricane Sandy and to help prevent damage from future disasters. Including $9.7 billion that the House passed in…

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…

In his press conference this week, President Obama suggested that policymakers only need to pass another $1.5 trillion worth of deficit reduction, on top of the $2.5 trillion already enacted, to stabilize the growth of the nation’s debt and, in…

Many states face severe fiscal challenges that could be made even more difficult by Washington’s budget problems, according to the State Budget Crisis Task Force. The bipartisan organization focused much of its research on six states. Its recently released reports…