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While fielding a question from the audience during his town hall meeting on credit card reform, President Obama took an opportunity to emphasize the need for policymakers to focus on restoring fiscal responsibility within the federal government: (more…)

You might look at the title of this post and ask, "Why is The Concord Coalition upset about a small deficit -- shouldn't that be a good thing?" Most of the time, the answer would be "yes," but when a…

WASHINGTON -- With today's release of the annual Social Security and Medicare Trustees' Reports again showing that the nation’s two largest programs are on a troubled fiscal path, The Concord Coalition urged politicians to work together on reforms of both…

The Obama Administration released the "final installment" of their FY2010 budget this week. The summary tables can be found here. On his blog, OMB director Peter Orszag explains what's changed from the February release. (more…)

Now that the Congressional Budget Resolution has passed, there has been a lot of talk about how the reconciliation instructions included in the resolution will make it easier for a health care reform effort to pass.  Particularly since the mechanics…

Listening to President Obama’s weekly address on Saturday was a rollercoaster experience for me. At times, I was lifted by his message of fiscal discipline. At other times, I was depressed by his unwillingness to connect fiscal discipline with politically…

As we previously noted, President Obama released the outline of his first budget at the end of February.  Those details have been scored by the Congressional Budget Office and included in the March update to their Budget and Economic Outlook.…

WASHINGTON -- With today’s release of a Congressional Budget Office (CBO) report estimating that the President’s budget would result in annual deficits averaging more than $900 billion over the next 10 years, The Concord Coalition pointed out that much of…