The Senate has finally approved President Obama's nomination of Jack Lew to head the Office of Management and Budget. Sen. Mary Landrieu had held up the nomination since September because she objected to administration policies on oil and gas drilling.Having…
WASHINGTON -- The Concord Coalition today gave high marks to a budget plan released by the Bipartisan Policy Center’s Debt Reduction Task Force and encouraged elected officials and the American public to carefully consider its proposals. (more…)
Congress has established the maximum amount of debt the government can issue. Unless it is raised, this statutory debt limit of $14.294 trillion will soon be exceeded. At the end of October, debt subject to this limit was just $677…
WASHINGTON – The Concord Coalition said today that the deficit reduction framework released by Erskine Bowles and Alan Simpson, bipartisan co-chairs of the President’s National Commission on Fiscal Responsibility and Reform, is a very promising start to the difficult decision-making…
