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President Obama yesterday sent Congress the American Jobs Act, a set of proposals that he says will provide both a short-term boost for the economy and a basis for bipartisan cooperation that could help restore public confidence in Washington.The President…


It is not inconsistent to provide effective short-term support for the economic recovery while laying the groundwork for long-term deficit reduction. To do so, however, Washington will have to move beyond the inflexibility and partisan vitriol of the recent debt…


Speculation continues over whether congressional Democrats and Republicans might be able to reach some sort of agreement on tax reform this fall. In her most recent column in Tax Notes, Concord Chief Economist Diane Lim Rogers reviews some of the…


Many Americans ask why it is so difficult to rein in federal spending. Former U.S. Sen. John Danforth and Concord Coalition Executive Director Robert L. Bixby have a suggestion: “Perhaps they should look in the mirror.”That’s because nearly two thirds…


After Republicans and Democrats on the new super committee held separate discussions last week, the co-chairs announced that the full panel would hold its first meeting this Thursday. It is expected to focus on organizational issues and opening statements from…


The administration has lowered its deficit projections from last February but cautions that further action is needed to invigorate the economy in the short term and hold down deficits in the long run.Jack Lew, director of the Office of Management…


President Obama plans to speak to Congress Thursday night on ways to bolster the struggling economy while still trying to improve the nation’s long-term fiscal outlook.In his request to address Congress, which returns this week from its August recess, Obama…


While elected officials have an obligation to encourage public engagement on the nation’s fiscal challenges, their constituents should work to ensure that members of Congress -- particularly those on the new super committee -- take their views into account. (more…)


In blunt but appropriate language, Federal Reserve Chairmen Ben Bernanke used a high-profile speech late last week to criticize Washington’s handling of the recent debt limit controversy and to call for a better process for making fiscal decisions.Speaking at an…


Although the new congressional super committee has not yet met, its co-chairs say panel members are busy “reviewing the deficit reduction work that many others have engaged in over the past several years.”The committee’s leaders, Sen. Patty Murray (D-Wash.) and…


New projections from the Congressional Budget Office show a potential path to significantly reduce federal deficits over the next decade. But it would require elected officials to either stick to current law or find ways to offset any deviation from…


WASHINGTON -- The Concord Coalition today said that updated budget projections by the Congressional Budget Office (CBO) demonstrate a potential path for bringing spending and revenues closer together over the next 10 years. But the projections also underscore the need…

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