This week, The Concord Coalition joined an ideologically diverse group of thought leaders in issuing a letter calling for the establishment of a bipartisan fiscal commission. The experts are calling for such a commission to put all parts of the…
A new analysis by the Congressional Budget Office (CBO) suggests that if history is any guide, our nation’s debt could become far more burdensome over the next 30 years than projected under current law. That’s an alarming prospect because the…
Rising interest rates have an impact on the federal budget as well as household budgets. With $32.5 trillion in outstanding national debt, net interest costs are now the fastest growing category of federal spending. When interest rates rise, so too…
The Concord Coalition today is heartily welcoming the announcement by House Budget Committee Chairman Jodey Arrington (R-TX) and Ranking Member Brendan Boyle (D-PA) that they are launching a bipartisan budget process reform effort. “The budget process is broken and the…