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Q: Why are different numbers sometimes used to describe the federal debt?A: The figure that appears most often in the news is the government's total debt (or gross debt), which is nearly $12.8 trillion. But this figure has two components:…


Defense Secretary Robert Gates has announced new policies on the Pentagon’s use of retired generals and admirals as high-paid consultants, some of whom were being paid up to $440 an hour. The consultants, known as “mentors” in the military, will…


Chapel Hill, N.C. –- North Carolina residents who worry about the country’s fiscal future learned what they and their elected representatives could do about it at a forum last week entitled “Fixing Our Fiscal Future.” (more…)


College Park, Md. -- House Majority Leader Steny Hoyer last week urged Republicans and his fellow Democrats to work together to put the government’s fiscal house in order before growing debt brings “an end to American leadership in the world.”…


After a year of debate over health care, many elected officials aren’t done yet. Over the congressional recess, Democrats are singing the praises of the new legislation while Republicans continue to blast away at the less popular provisions. (more…)


In signing the final piece of the health reform legislation, President Obama sought to shift some of the spotlight to the fact that it would also revamp the federal government’s student loan programs.The White House says the Health Care and…


According to a March 29 Roll Call article (subscription required), Senate Republicans have gone home for the two-week congressional recess with a strategy memorandum advising them to call for repeal of “Medicare cuts, tax hikes, mandates and sweetheart deals” in the…


WASHINGTON – U.S. House Majority Leader Steny Hoyer, former U.S. Comptroller General David M. (more…)


CHAPEL HILL, N.C. – North Carolina residents will have the opportunity on Wednesday, March 31, to hear national experts discuss solutions to massive government deficits and funding problems in the big federal entitlement programs. Former Federal Reserve Board Vice Chair…


This week, Concord debuts a redesigned version of our Washington Budget Report. (more…)


The dramatic expansion of health care coverage that received final approval in Congress on Sunday means that controlling medical costs will be more important than ever. As The Concord Coalition has repeatedly pointed out, expanding coverage without curbing costs is…


It looks like we might be entering the final week(s) of (at least) this year's legislative push on health care reform.Thursday brought us legislative text of the amendments to the Senate bill that the House will take up through the reconciliation…

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