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GAO Calls for Greater Efficiency and Effectiveness in “High Risk” Areas

Feb 22, 2011
The Government Accountability Office (GAO) reported at least some improvements over the last two years in areas of the federal government that it has designated as “high risk” for waste, fraud, mismanagement and abuse.But in a new report, the GAO…
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Blogs

House Passes Cuts as Shutdown Worries Grow

Feb 22, 2011
A government shutdown became more likely last week as the House passed a new continuing resolution (CR) opposed by President Obama and Senate Democrats. In a process that lasted most of the week, nearly 600 amendments were offered during over…
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Blogs

President Hits the Pause Button

Feb 22, 2011
President Obama’s proposed budget for Fiscal 2012 is oddly complacent for a situation that requires anything but complacency. It would, at best, temporarily stabilize federal deficits and debt (as a percentage of GDP) later in the decade at roughly twice…
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Blogs

Peter G. Peterson Foundation Fiscal Internship Program Summer of 2011

Feb 17, 2011
I’m thrilled to announce that The Concord Coalition is laying the groundwork for the 2011 session of The Peter G. Peterson Foundation Fiscal Internship Program. Piloted last year, this program awards stipend-supported internships focused on fiscal issues at different public…
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Blogs

Fiscal Solutions Tour Visits Texas

Feb 15, 2011
Residents of Austin and San Antonio heard about ways to put the country on a more responsible fiscal path – and why it was crucial to start doing so soon – as The Concord Coalition’s Fiscal Solutions Tour visited Texas…
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Blogs

Sunset Bill Could Fight Inefficiency

Feb 15, 2011
Representatives Jim Cooper (D-TN), Aaron Schock (R-IL), Mike Quigley (D-IL) and Joe Walsh (R-IL) have introduced legislation (H.R. 606) creating a sunset commission to help eliminate duplicative, unnecessary or inefficient federal programs.The bipartisan commission would provide Congress with recommendations for…
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Blogs

Bernanke Urges Action

Feb 15, 2011
Testifying before the House Budget Committee, Federal Reserve Chairman Ben Bernanke said last week that addressing the “powerful underlying trends” responsible for large projected deficits would bring both short-term and long-term benefits.He pointed to the plans put forth by the…
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Blogs

House Struggles With Cuts

Feb 15, 2011
Today the House was expected to begin debating a continuing resolution (CR) to fund federal agencies for the remainder of the fiscal year. Most federal agencies are currently being funded at 2010 levels under a CR that expires March 4.The…
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Blogs

New Budget Falls Short on Tax and Entitlement Reforms

Feb 15, 2011
On Monday President Obama unveiled a proposed budget for Fiscal 2012 that failed to aggressively follow up on the recommendations of his bipartisan fiscal commission for sweeping tax and entitlement reforms.The President’s budget does make some tough choices on domestic…
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Press Releases

Concord Coalition Says the President’s Proposed Budget Falls Short on Entitlement and Tax Reform

Feb 14, 2011
WASHINGTON -- The Concord Coalition said it was disappointed today that President Obama’s proposed Fiscal Year 2012 budget failed to follow up more aggressively on some of the key recommendations from his own fiscal commission. (more…)
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Blogs

Citizen Groups Urge Action on the Debt

Feb 8, 2011
Citizen groups originally convened by The Concord Coalition have called on Congress and President Obama to produce “a bold, comprehensive plan to avoid an explosion of federal debt that could devastate the economy, weaken our national security and unfairly burden…
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Blogs

Senators Weigh Tax Reform

Feb 8, 2011
In hearings last week, the Senate Budget Committee considered ways to put the country on a fiscally sustainable path without harming the economic recovery.Fortunately, tax reform was a key part of the discussion. Committee Chairman Kent Conrad (D-ND) stressed that…
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