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Last week, House Budget Committee Chairman Paul Ryan and other committee Republicans introduced several bills proposing changes to the federal budget process. The legislation includes measures to restrict spending and change the annual process, but does not significantly address revenues.…

The federal government might escape some of its widely anticipated fiscal problems over the next few years, but only if it follows the budget path laid out in current law. At a forum last Friday Mark Zandi, chief economist for…

If Congress were to simply follow the budget path laid out in current law, the federal government might escape some of its widely anticipated fiscal problems over the next few years. But that is a big “if,” as became clear…

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In The Concord Coalition’s newly revised budget exercise, Principles and Priorities, students and other participants break into groups of five to seven to decide on a variety of policy options being discussed in Washington. One goal is to provide a…

Last December a bipartisan majority of President Obama’s National Commission on Fiscal Responsibility and Reform surprised skeptics with a comprehensive plan that called for shared sacrifices to reduce projected deficits over the coming decade by $4 trillion. Unfortunately, elected officials have…

College students and nine former members of Congress will confront the nation’s fiscal and economic difficulties through an interactive exercise this Saturday, Dec. 3, at George Washington University. Participants in the “Principles and Priorities” exercise, developed by The Concord…

Although the nation’s economic and fiscal challenges are daunting, Diane Lim Rogers, The Concord Coalition’s chief economist, encourages ordinary citizens not to give up in pressing politicians for effective action. (more…)