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Recent reports by Brown University and the Congressional Budget Office (CBO) underscore the need for Congress to honestly account for war costs, both past and present, and to factor them into long-range planning.The Brown University report, authored by Neta C.…


Although elected officials often talk about tax cuts helping the economy, whether such reductions live up to the high expectations for them depends on the circumstances. Three key factors to consider: the state of the economy, how a proposed cut…


Senate Budget Committee Chairman Kent Conrad (D-N.D.) outlined a budget framework Monday that he said would reduce deficits by $4 trillion between 2012 and 2021.Democrats on the committee developed the framework, which Conrad presented in a speech on the Senate…


Both negotiations and the war of words continue over raising the federal debt limit and curbing future deficits. Further talks are planned this week, with the Treasury continuing to warn that congressional inaction by Aug. 2 risks “catastrophic” economic damage…


The biggest sticking point in the debt-limit talks has been the disagreement over tax policy. (more…)


Jul 7, 2011
This originally appeared on The American Square at http://theamericansquare.org/profiles/blogs/go-long (more…)


An economically "sustainable" debt is one that does not rise faster than our means to ultimately pay it off. So federal deficits as a share of our economy should ideally be no larger than the economy’s growth rate.We must focus…


Hundreds of people gathered in several cities around the country last week to wrestle with the difficult decisions that are needed for the federal government to rein in future deficits while still meeting its fundamental responsibilities.The events were hosted by…


The political stalemate over taxes and the debt limit continues, with President Obama saying a deal needs to be reached by July 22 to give Congress time to draft and approve the appropriate legislation before the government runs out of…


TUCSON, ARIZONA – Two top national experts on the federal budget will present possible solutions to the rapidly increasing debt at a town hall meeting presented Thursday by the office of U.S. Rep. Gabrielle Giffords and the non-partisan Concord Coalition.…


Scaling back government subsidies in the tax code, as recommended by a number of bipartisan panels, remains a central issue in the debate over federal deficit reduction.In her latest column for Tax Notes, Concord Coalition Chief Economist Diane Lim Rogers…


The Congressional Budget Office (CBO) released projections last week that Concord Coalition Executive Director Robert L. Bixby said confirms that federal finances “are on an unsustainable course that threatens our economic future, risks turmoil in the financial markets, and burdens…

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