News Archives - Page 13 of 193

Press Releases

Concord Coalition Welcomes Deficit Reduction Goal of Democratic Climate, Tax and Health Care Bill, But Warns that Back Loaded Savings May Never Take Effect

Aug 7, 2022

WASHINGTON, DC – The Concord Coalition today welcomed the deficit reduction goals of the Democratic Climate, Tax and Health Care bill, but cautioned that the heavily back-loaded nature of the savings poses a significant risk that some of those savings will…

Blogs

Is the U.S. ‘Really’ in a Recession?

Jul 29, 2022

Recession chatter reached a fever pitch this week when, on July 28, the Bureau of Economic Analysis (BEA) released its preliminary (advance) estimate of real gross domestic product (GDP) for the second quarter of 2022. According to the BEA, the economy shrank…

Press Releases

U.S. Fiscal Outlook Urgently Needs a Course Correction

Jul 27, 2022

WASHINGTON, DC – Today, the nonpartisan Congressional Budget Office (CBO) released its 2022 Long-Term Budget Outlook, projecting yet again a grim fiscal outlook for future generations. Absent any remedial action by Congress, by 2052 our debt to GDP ratio will be 185 percent…

News Coverage

Commentary: Federal Deficit is the Problem Lawmakers Ignore, Burdening Future Generations

Jul 5, 2022

With the recent onslaught of crisis-driven news—everything from 40-year high inflation, war in Ukraine, Supreme Court rulings, and mass killings—it is easy to forget some festering problems that lawmakers have ignored for years. These problems have not gone away…

Press Releases

Creeping Toward the Fiscal Cliff

Jun 3, 2022

WASHINGTON -- The Concord Coalition said today that this year’s reports from the Social Security and Medicare trustees sound a blaring alarm that legislative actions must be taken soon to avoid sudden substantial benefit cuts by 2035 for Social Security…

Blogs

CBO Budget and Economic Baseline: The Sleeping Giant Awakens

Jun 3, 2022

After a lengthy delay, the Congressional Budget Office (CBO) finally published its much anticipated budget baseline.

Press Releases

Fading COVID Effects Do Not Put the Budget on a Sustainable Path

May 25, 2022

Washington - The Concord Coalition said today that the new Budget and Economic Outlook for Fiscal Years 2022-2032 released by the Congressional Budget Office (CBO) is evidence that the days of easy deficit reduction from fading COVID relief funding are over.

Blogs

Pondering the U.S. Role in Support of Ukraine

May 19, 2022

This week, the House and Senate gave final approval to a $40.1 billion emergency supplemental appropriations bill for Ukraine.

Blogs

April Inflation: Still Too High

May 11, 2022

Economists looking for solid clues about the future path of inflation were stymied by Consumer Price Index (CPI) data released this week.

News Coverage

Why Fiscal Hawks and Environmentalists Should Find Common Ground

May 10, 2022

Thirty years ago when The Concord Coalition began advocating fiscal and generational responsibility it was already clear that climate change posed a serious threat to the planet. There was not, however, much discussion about how climate change might affect…

Blogs

GDP Report Surprises, the Federal Reserve Does Not

May 5, 2022

The U.S. economic recovery from the COVID-induced recession continues to surprise. On April 28, the Bureau of Economic Analysis (BEA) released its preliminary estimate of first quarter real GDP for 2022. Most economists predicted a slowdown from the explosive 6.9 percent…

Blogs

So Much Work, So Little Time

Apr 29, 2022

The House and Senate returned this week after a two-week spring break. Lawmakers have a lot on their plates between now and the end of the year—a year shortened by the campaign season and the November midterm elections. As…

The Latest

Concord Coalition Welcomes Deficit Reduction Goal of Democratic Climate, Tax and Health Care Bill, But Warns that Back Loaded Savings May Never Take Effect

Is the U.S. ‘Really’ in a Recession?

U.S. Fiscal Outlook Urgently Needs a Course Correction

Commentary: Federal Deficit is the Problem Lawmakers Ignore, Burdening Future Generations

Creeping Toward the Fiscal Cliff

CBO Budget and Economic Baseline: The Sleeping Giant Awakens

Fading COVID Effects Do Not Put the Budget on a Sustainable Path

Pondering the U.S. Role in Support of Ukraine

April Inflation: Still Too High

Why Fiscal Hawks and Environmentalists Should Find Common Ground

GDP Report Surprises, the Federal Reserve Does Not

So Much Work, So Little Time

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