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Treasury Department figures showed the federal debt passing the $16 trillion mark last week, triggering political charges and counter-charges while underscoring the need for elected officials in both parties to take steps to curb its growth.“What’s really important is how…

With public attention shifting from the party conventions to the fall campaign and the presidential debates that start in early October, advocates of federal budget reform are renewing their calls for more substantial political discussion of the country’s fiscal and…

The ultra-low interest yields on U.S. Treasury bonds seem to suggest "not much." Some of this is because relative to the fiscal positions of other countries, the U.S. economy seems relatively more capable of supporting the public debt. But it…

The Congressional Budget Office (CBO) released new projections last week that show why Washington should commit to long-term fiscal reforms while dealing with some important budget decisions that must be made by the end of this year. “Once again, CBO’s…

With the Republican National Convention this week and the Democrats’ gathering not far behind, The Concord Coalition has released an updated version of its “Key Questions Voters Should Ask Candidates About Our Nation’s Fiscal Future.” (more…)

WASHINGTON -- With the Republican National Convention this week and the Democrats’ gathering not far behind, The Concord Coalition today released an updated version of its “Key Questions Voters Should Ask Candidates About Our Nation’s Fiscal Future.” Concord urges all…

President Obama signed legislation last week requiring the administration to report within 30 days on how it plans to implement “automatic” spending cuts that are required next year because a congressional “super committee” failed to agree on a deficit-reduction plan.…

There is growing concern about how congressional procrastination on key budget decisions could already be harming the economy. The concern stems from widespread public uncertainty over what elected officials will do, if anything, about the “fiscal cliff” – a combination…