The Latest

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…

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…)

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…

My least favorite argument in deficit reduction debates is that a particular option can’t be chosen because it is too unpopular. If that criterion is strictly applied, we might as well fold our tents and wait for the inevitable fiscal crisis…

Fiscal experts who spoke at The Concord Coalition’s Economic Patriots Dinner last week warned that rising federal debt could produce serious financial crises earlier than many people think. “We are on the cusp of real danger and real risk,” said…