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The annual report issued Monday by the trustees of Medicare and Social Security underscores the unsustainable nature of both programs in their current forms. The troubling data in the report also demonstrate the need for comprehensive fiscal reform as soon…


WASHINGTON -- The Concord Coalition said today that the new annual report from the Social Security and Medicare Trustees underscores the unsustainable nature of both programs in their current forms and further demonstrates the need for bipartisan cooperation on a…


WASHINGTON -- The Concord Coalition today commended Senate Budget Committee Chairman Kent Conrad for proposing a comprehensive fiscal reform plan ba (more…)


As today’s federal tax filing deadline approached, policymakers and analysts continued their debates over how to improve the U.S. tax system. A program last week at the Tax Policy Center (TPC), for example, focused on whether the rich should pay…


The Treasury Department last week reported that the federal deficit for the first half of Fiscal 2012 totaled nearly $779 billion, roughly $50 billion less than a year ago.Between Oct. 1 and the end of March, the government took in…


As a recent Chicago Tribune editorial noted, most House members chose last month to “put partisanship above progress on the nation’s debt” by supporting budget plans favored only by one party or the other. But 38 lawmakers voted for bipartisan…


On Capitol Hill this week, several House committees are scheduled to begin making some of the policy decisions necessary to comply with the House budget resolution.To replace savings from the automatic cuts required by last year’s Budget Control Act, the…


A recently released paper by Charles Blahous, one of the two public trustees for Social Security and Medicare, has received considerable attention because of its discussion of trust fund accounting and the 2010 Affordable Care Act. The annual report from…


On today's federal tax filing deadline, it just so happens that Congress and the Administration have been thinking of different ways to raise tax burdens on the rich. (more…)


It’s getting to be that time again when the Social Security and Medicare Trustees release their annual report on the programs’ 75-year outlook. (more…)


On Friday President Obama signed legislation to extend surface transportation programs for an additional 90 days. Earlier last week, the House passed the extension on a 266-158 vote and the Senate passed the bill by voice vote. The previous authorization…


Although spending cuts in last year’s Budget Control Act (BCA) lead to an improved fiscal outlook, the Government Accountability Office (GAO) reminded policymakers this week that the larger long-term budget challenges remain.The law targets discretionary spending and, under two different…

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