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WASHINGTON -- The Concord Coalition said today that if the tentative agreement to extend expiring tax cuts for two years is approved, it should be followed by a major push to reform the tax code. (more…)


The Congressional Budget Office (CBO) now projects that the cost of the Troubled Asset Relief Program (TARP) will be significantly lower than previous estimates. Congress passed TARP in October 2008 to permit the Treasury Department to purchase or insure "troubled…


To allow federal agencies to continue operating through Dec. 18, Congress last week approved another continuing resolution. The House approved the measure 239-178 and the Senate gave it unanimous consent. President Obama signed it into law on Saturday.A new continuing…


Some people on both ends of the political spectrum have criticized the recommendations of the President’s fiscal commission as well as other bipartisan deficit-reduction plans such as the one recently unveiled by the Bipartisan Policy Center's Debt Reduction Task Force.…


A bipartisan majority on the President's fiscal commission has surprised skeptics and pleased deficit hawks by supporting a credible, comprehensive plan to reduce federal deficits and repair the big entitlement programs.The plan would cut the deficit to 2.3 percent of…


On Monday President Obama announced a “framework for a bipartisan agreement” on extending the Bush tax cuts for two years, extending unemployment benefits for 13 months, and reducing the Social Security payroll tax for a year.The Concord Coalition said today…


By now we've seen a number of proposals for fiscal sustainability from groups with very different perspectives. (more…)


WASHINGTON -- The Concord Coalition today congratulated members of the bipartisan majority of President Obama’s fiscal commission for giving their approval to a credible and comprehensive plan that could dramatically reduce future federal deficits. (more…)


WASHINGTON – The Concord Coalition today praised the plan released by Erskine Bowles and Alan Simpson, co-chairs of the President’s National Commission on Fiscal Responsibility and Reform, and called on other members of the panel to give it their full…


This week the House and Senate are expected to act on a new continuing resolution to prevent a government shutdown. The current resolution expires on Friday, and unfortunately Congress has yet to enact a single one of the twelve appropriations…


As the country awaits the final recommendations of the President's fiscal commission, it is worth noting that several other substantive deficit-reduction plans have been released in recent months.The plans offer a wide range of revenue, spending and budget-process options developed…


The President’s bipartisan fiscal commission faces a deadline Wednesday to make recommendations to Congress on how to cut deficits in the next few years and also deal with long-term structural problems in the federal budget.President Obama created the National Commission…

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