The Latest

On Capitol Hill this week, attention is turning to a continuing resolution (CR). Because Congress will not complete the appropriations process before the fiscal year ends Sept. 30, a CR is necessary to prevent a government shutdown.House Appropriations Committee Chairman…

While tax cuts can encourage economic growth, it is important for Congress to remember that some work better than others – and to keep the big fiscal picture in mind. That’s the advice Diane Lim Rogers, chief economist for The…

President Obama offered his deficit-reduction recommendations to the congressional super committee on Monday, urging the panel to find both spending cuts and additional tax revenue to far exceed its assigned goal.Obama put Medicare and Medicaid on the negotiating table, giving…

President Obama deserves credit for putting Medicare and Medicaid on the table for deficit-reduction efforts and for encouraging the new super committee to exceed its assigned goal. (more…)

The new congressional “super committee” meets today amid growing pressure from various quarters to look for ways to encourage economic growth while aiming well beyond its assigned goal of $1.5 trillion in deficit reduction.Washington’s debt limit law this summer created…

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…

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…