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Serious financial management problems in some departments and agencies continue to hinder efforts by auditors to assess the government’s books. That in turn hurts the government’s ability to measure the cost and performance of certain programs and to make necessary…


Americans face an unpleasant fiscal landmark this election year: Sometime between now and when they vote in November, the national debt will exceed the U.S. economy’s entire annual production.That hasn’t happened since World War II. Once that conflict was over,…


An important cost-containment feature in the 2010 health care legislation has come under attack in the House, where two committees voted last week to do away with the Independent Payment Advisory Board (IPAB) without approving an alternative. (more…)


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…


The federal government could save tens of billions of dollars a year by rooting out duplicative and inefficient programs, according to a new report from the Government Accountability Office (GAO).The report recommends that Congress and the administration examine 51 areas…


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…


Diane Lim Rogers, chief economist for The Concord Coalition, told lawmakers today that reducing special provisions in the tax code that favor some taxpayers could simultaneously reduce the deficit, encourage economic growth and promote fairness. Appearing before the Senate Budget…


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…


Although bipartisan cooperation and compromise are essential for badly needed fiscal reforms, congressional voting statistics point towards a deepening partisan divide in Washington.Last week National Journal said its voting ratings for 2011 in the Senate showed that for the second…

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