Members of the Joint Select Committee on Deficit Reduction (“super committee”) have a timing problem that compounds their political problem. Put simply, they may run out of time to reach agreement on the kind of comprehensive changes that are needed…
The Concord Coalition has updated its popular collection of educational exercises that highlight the importance of fiscal responsibility and the choices that must be made to put the country on a more responsible course.These exercises put some of the most…
The Government Accountability Office (GAO) released projections this week that serve as a reminder of the importance of the deficit reduction committee’s work and the need for it to exceed the $1.2 trillion target necessary to avoid automatic spending cuts.GAO…
The Department of the Treasury has released final budget numbers for Fiscal Year 2011, which show that it ended with a deficit of $1.3 trillion -- about the same as the previous year.This marked the third fiscal year in a…