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I heard from a long time Concord Coalition volunteer that some members of the joint congressional committee tasked with finding at least $1.5 trillion in deficit reductions over the next 10 years -- who are, as you might guess, being…


The “no new taxes” pledge taken by Republicans in Congress has been a huge obstacle to achieving bipartisan agreement on a comprehensive deficit reduction plan. Many Republicans interpret the pledge as ruling out revenue increases of any kind, even those…


The Concord Coalition is calling upon the 12 members of the Congressional Super Committee to include a critical 13th member in their deliberations -- you. As we discussed in yesterday's post, The American People Want In, the Committee’s decisions will affect…


Wall Street recorded one of the most volatile weeks in its history as investors last week reacted to the struggling American economy, Europe’s debt crisis, the downgrade of the U.S. credit rating by Standard & Poor’s, and continuing doubts about…


Deficit reduction talks this year have largely taken place behind closed doors, without engaging the public in any meaningful way. But Robert L. Bixby, executive director of The Concord Coalition, argues that the dozen lawmakers who have been appointed to…


Congressional leaders last week appointed the joint committee charged with finding most of the savings promised in the recent deal to raise the debt limit.Sen. Patty Murray (D-Wash.) and Rep. Jeb Hensarling (R-Tex.) will chair the new panel, widely referred…


This post originally appeared on The American Square (more…)


Projections by the Congressional Budget Office make it clear that future choices about tax policy -- and particularly about expiring tax cuts -- will be a critical factor in the country’s fiscal outlook for many years to come.Republicans counted it…


The new debt limit law includes a trigger that would impose severe spending cuts if legislation to reduce the deficit by more than $1.2 trillion has not been enacted by Jan. 15, 2012. It was designed to give an incentive…


In the week since President Obama signed the debt limit deal into law, stock prices have become highly volatile, Standard & Poor’s dropped its U.S. credit rating a notch below AAA, and political maneuvering began over the special congressional committee…


Members of the new Congressional Joint Committee on Deficit Reduction will have a threshold decision to make: Do they want to take their mandate seriously?If the answer is yes, they will likely have to make decisions in the public interest…


In this debt-limit game of musical chairs, the music has stopped and it’s time to grab a seat. The only one available is the deal worked out by congressional leaders and the Obama administration over the weekend. It is not…

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