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On Capitol Hill last week, the House continued to make progress on Fiscal Year 2013 appropriations bills as the full House passed the defense bill with a 326-90 vote, and a subcommittee approved the Labor-HHS-Education bill. The defense bill includes…


As Europe’s debt crisis worsens, American officials and analysts have expressed growing concern about the potential damage it could inflict on the United States. Many also wonder what lessons this country can draw from Europe’s difficulties.The Committee for Economic Development…


WASHINGTON -- Senate Budget Committee Chairman Kent Conrad, a European Union fiscal policy official and four respected American economists will discuss the eurozone crisis and its implications for the United States at a forum this Thursday, July 26. The program,…


Today Concord Coalition Co-Chair Sam Nunn, a former U.S. senator from Georgia, helped launch the Campaign to Fix the Debt. This project is a non-partisan initiative to put America on a better fiscal and economic path. Nunn is a member…


The International Monetary Fund (IMF) has urged Washington to both provide short-term support for the U.S. economic recovery and start to “decisively tackle” its larger fiscal challenges over the next few years. The Concord Coalition has offered similar advice to…


The Congressional Budget Office (CBO) has warned that the Pentagon’s base budgetary plans would exceed the spending caps in last year’s Budget Control Act by $14 billion in Fiscal Year 2013 and by $508 billion through 2021, even before taking…


Jul 17, 2012
Election-year politics were on full display last week as Democrats and Republicans pushed familiar positions on taxes and health care rather than moving in more constructive directions on fiscal reform. President Obama repeatedly called on Congress to approve his proposal…


Although intense partisanship has repeatedly sidetracked Congress this year, some lawmakers have risen above it in trying to address the country’s fiscal and economic challenges. (more…)


WASHINGTON -- The Concord Coalition is honoring 38 House members for their courage in voting for a bipartisan deficit reduction plan introduced by Rep. Jim Cooper (D-Tenn.) and Steven LaTourette (R-Ohio). In addition to Cooper and LaTourette, the honorees are:…


The House Budget Committee last week unanimously approved legislation to require the President to submit a report to Congress detailing how a sequestration would affect programs throughout the federal budget. The bill requires the report to be submitted within 30…


As the economy continues to struggle, American consumers continue to enjoy historically low interest rates. So, too, does the United States government. But federal officials must keep in mind that these low rates won’t last forever – and even small…


Last week the House and Senate passed a new highway bill to fund surface transportation programs at current levels through the end of Fiscal Year 2014. The final agreement also included a one-year extension of the current interest rate for…

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