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…
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…
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…
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…