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History is filled with examples of governments that got into trouble by running up large debts, a phenomenon that is particularly appropriate to recall in early May. (more…)

The need for sweeping, long-term changes in the federal budget has been underscored by recent reports and other developments: A fresh warning on the unsustainable paths of entitlement programs, projections of another trillion-dollar-plus deficit this year, more unrealistic proposals in…

The House Budget Committee approved legislation yesterday to block most of the automatic spending cuts scheduled to take effect next year and also passed a reconciliation bill with savings intended to help replace the cuts. Because the Joint Select Committee…

SAN JOSE – As they weigh this year’s political campaign rhetoric about the federal budget, Californians will have an opportunity to try to improve that budget themselves in a community-wide federal deficit-reduction exercise Wednesday, May 9 at the San Jose…

Bipartisan legislation to address waste and duplication in federal programs was introduced last week in the House and Senate. Sponsored by Senators Tom Coburn (R-Okla.) and Mark Udall (D-Colo.) as well as Representatives Jim Cooper (D-Tenn.), James Lankford (R-Okla.), and…

Senate Budget Committee Chairman Kent Conrad has proposed a sweeping fiscal reform plan based on the recommendations of a bipartisan majority of the President’s fiscal commission. The Concord Coalition applauds Conrad’s proposal, as it did a recent bipartisan plan in…

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…