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On May 17, 2023, America lost a pioneering champion of fiscal responsibility, and The Concord Coalition lost a very good friend: former U.S. Representative Charlie Stenholm (D-TX).  Charlie was…


The debt limit crisis is behind us for now, but the budget deficit is decidedly heading in the wrong direction. Last week, the Congressional Budget Office (CBO) reported in its May Monthly Budget Review that over the first eight months…


The Concord Coalition announced today that Former U.S. Representative Carolyn Bourdeaux (D-Georgia) is the newest addition to the organization’s Board of Directors. Dr. Bourdeaux has built a distinguished decades-long career at the intersection of policy, politics, and governance. Dr. Bourdeaux…


For just the second time in history, a divided federal government narrowly escaped certain (yet self-inflicted) financial and economic calamity when a Democratic President of the United States and a Republican Speaker of the House joined together to ink a…


The Concord Coalition said today that the budget and debt limit agreement reached by President Biden and Speaker McCarthy is a sound compromise that can be enacted in time to prevent any default on the federal government’s legal obligations.  Concord…


Although anxiety over the debt limit impasse is practically all-consuming in Washington right now, the Congressional Budget Office (CBO) provided a temporary distraction this week by publishing its long-awaited “alternative assumptions” about spending and tax policy. The figures were bleak…


Jason Furman  Aetna Professor of Economic Policy, Harvard University, Chair of the Council of Economic Advisors…


As long as there is a positive balance in the trust funds, the Treasury secretary has both the authority and the obligation to make scheduled trust fund payments. Even though Congress intended to prohibit the use of the Social Security…


At 78 years old, Santiago Matheus of Dania Beach is carefully watching the looming political showdown in Washington over whether the nation’s debt ceiling should be raised anew. “Of course I’m worried,” he said. “It would be an unprecedented situation if…


Baseball season is underway, but the most consequential pickle play of the season won’t take place at Fenway, Wrigley or any other storied diamond. Rather, the major league action is underway right now (in slow motion) at the Federal Reserve. …


As Wall Street economists and federal budget analysts began pouring over the April tax returns last week, looking for clues to when the government might run out of borrowing authority, there was a significant development on the political front. House…


This week, the Bureau of Labor Statistics released inflation data for March 2023 and in general the news was good: inflation is slowing. March inflation, as measured by the Consumer Price Index (CPI), rose 0.1% compared to February, and 5%…

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