The Latest

As political candidates offer vague promises of spending restraint and Congress considers the administration’s new budget, Americans face an unpleasant fiscal landmark: before we get to the election in November, the national debt will exceed the U.S. economy’s entire annual…

Last week two committees in the House of Representatives voted to repeal the Independent Payment Advisory Board (IPAB). This is an alarming attempt to undo a key cost-saving enforcement mechanism without putting anything else in its place. You may recall…

At a House Budget Committee hearing last week, the chief actuaries for Medicare and Social Security once again reminded lawmakers of the serious demographic and fiscal challenges lying ahead for both programs and the federal budget.Richard Foster, chief actuary of…

Could the tax code be changed in ways that could simultaneously reduce the deficit, encourage economic growth and promote fairness? Diane Lim Rogers, chief economist for The Concord Coalition, assured the Senate Budget Committee last week that these goals are…

The Concord Coalition has launched a new website feature to provide its grassroots members around the country with the latest statistics on the federal budget and the (more…)

Voters must push elected officials and political candidates to move forward on fiscal reforms that can protect younger Americans and future generations from the consequences of excessive government debt. Bob Kerrey, co-chairman of The Concord Coalition’s board of directors, hammered…

President Obama last week released a “framework” for reform of U.S. corporate and small business taxes that would be in addition to recommendations in his 2013 budget for significant changes in individual taxes. Many of the business tax proposals were…

As elected officials and political candidates continue to debate the nation’s fiscal problems, The Concord Coalition this week emphasized the need for Washington to deal with long-term “structural” deficits in the federal budget even as short-term measures are used to…