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Cinco de Mayo over the years has become a popular American excuse to overindulge on nachos and beverages served in salt-rimmed glasses, but it should also serve as a reminder about the severe consequences of incurring large national debt. Many people…

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…

Budgets proposed by President Obama and House Budget Chairman Paul Ryan have received considerable attention in Washington this year. But both have serious shortcomings and lack bipartisan support. (more…)

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 today commended Senate Budget Committee Chairman Kent Conrad for proposing a comprehensive fiscal reform plan ba (more…)

As today’s federal tax filing deadline approached, policymakers and analysts continued their debates over how to improve the U.S. tax system. A program last week at the Tax Policy Center (TPC), for example, focused on whether the rich should pay…

As a recent Chicago Tribune editorial noted, most House members chose last month to “put partisanship above progress on the nation’s debt” by supporting budget plans favored only by one party or the other. But 38 lawmakers voted for bipartisan…

On Capitol Hill this week, several House committees are scheduled to begin making some of the policy decisions necessary to comply with the House budget resolution.To replace savings from the automatic cuts required by last year’s Budget Control Act, the…