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The Concord Coalition expressed disappointment that tonight’s presidential debate failed to give the American people any idea what President Biden and former President Trump would do about the nation’s spiraling debt burden, which both men have contributed to.  What we…


In an op-ed published in The Washington Post on June 24, Concord Coalition Co-Chair Bob Kerrey says: "The 90 minutes allotted to Thursday’s debate between President Biden and former president Donald Trump obviously won’t accommodate every deserving subject. But no matter…


Today, the nonpartisan Congressional Budget Office (CBO) released its updated 10-year projections for the federal budget and the U.S. economy, providing a timely reminder less than two weeks before the first presidential debate of the 2024 campaign that the federal…


A new analysis by the Congressional Budget Office (CBO) suggests that if history is any guide, our nation’s debt could become far more burdensome over the next 30 years than projected under current law. That’s an alarming prospect because the…


The latest Social Security and Medicare Trustees’ reports released earlier this week appear to contain a modicum of good news. The trust fund exhaustion dates have been delayed a year for Social Security (2035 instead of 2034) and five years…


For immediate release:                                                                           …


Last week the National Center for Health Statistics reported the total fertility rate was 1.62 in 2023. That’s the lowest rate ever recorded in the United States and well below the rate needed to maintain a growing population. As The…


The Government Accountability Office (GAO), the federal government’s chief auditor and financial watchdog, published a new report detailing a first-ever estimate of government-wide fraud. According to GAO, between fiscal years 2018 and 2022 (inclusive), the federal government experienced direct financial…


Last week, Congress enacted the remaining six annual discretionary appropriations bills for FY 2024, finally concluding the “regular” appropriations cycle for the current year (which is already 6 months underway). Combined, this second 6-bill “minibus” (H.R.2882, The Further Consolidated Appropriations…


The Concord Coalition said today that the Long-Term Budget Outlook for 2034-2054, released by the Congressional Budget Office (CBO), is a grim reminder that political leaders have utterly failed to deal with known imbalances in the federal budget. Under current…


WASHINGTON, DC – The Concord Coalition said today that President Biden’s goal of reducing future federal budget deficits by $3.2 trillion over 10 years is a step in the right direction, but falls short of what is needed to prevent…


This week, Congress enacted six of the twelve annual discretionary appropriations bills for FY 2024 (which is already 5 months underway). Combined, this 6-bill “minibus” provides roughly one-quarter of total discretionary appropriations for the current fiscal year. Legislative text for…

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