The latest Social Security and Medicare Trustees’ reports released earlier this week appear to contain a modicum of good news. The trust fund exhaustion dates have been delayed a year for Social Security (2035 instead of 2034) and five years…
The Government Accountability Office (GAO), the federal government’s chief auditor and financial watchdog, published a new report detailing a first-ever estimate of government-wide fraud. According to GAO, between fiscal years 2018 and 2022 (inclusive), the federal government experienced direct financial…
WASHINGTON, DC – The Concord Coalition said today that President Biden’s goal of reducing future federal budget deficits by $3.2 trillion over 10 years is a step in the right direction, but falls short of what is needed to prevent…
We’ve all heard that if you put a frog in boiling water it will jump out, but if you put a frog in warm water and slowly turn up the heat it will stay put until boiled to death. That…
