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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…


President Obama began his direct involvement in budget negotiations Monday by meeting separately with Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell. The White House called for a “balanced” approach that would include some additional revenue from…


WASHINGTON -- New long-term projections from the Congressional Budget Office (CBO) underscore the critical need for the President and Congress to produce a broad, bipartisan budget agreement to put the nation on a more responsible path. (more…)


Lawmakers received a stark warning last week from a host of prominent economic and federal policy experts: The mere prospect of a U.S. default could raise interest rates, forcing taxpayers to pay many billions of dollars more on the government’s…


After a week-long recess, the House continued last week to make progress on FY 2012 appropriations bills. The second and third bills to clear the House were for Military Construction/ Veterans Affairs and Agriculture.The House Appropriations Committee completed action on…


Contradictory reports last week created confusion over the AARP’s stance on possible changes in Social Security. Although the program is now spending more money than it takes in and will face even greater strains as more baby boomers retire, the…

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