The Latest

WASHINGTON -- With budget negotiations between the House and Senate now underway, The Concord Coalition today strongly recommended that negotiators agree to reinstate the traditional pay-as-you-go (paygo) rule for entitlement expansions and tax cuts. This fiscally responsible rule played a…

WASHINGTON -- With today's release of the annual Social Security and Medicare trustees' reports showing a combined long-term unfunded obligation of $72 trillion, The Concord Coalition warned that the two programs are on a fiscally unsustainable track and urged lawmakers…

WASHINGTON -- With today's new projections by the Congressional Budget Office (CBO) showing that the nation's fiscal outlook continues to plunge downward, The Concord Coalition called on Congress and the Bush Administration to make deficit reduction a top priority item…

WASHINGTON -- The Concord Coalition's National Debt Clock is headed to the 2004 Presidential Primary season battleground states of Iowa and New Hampshire to put our rapidly growing $7 trillion national debt – and what to do about it –…

WASHINGTON -- As Congress wraps up its work for the year, The Concord Coalition warned that the rush of legislative activity in this final week of the session is likely to further damage the long-term fiscal outlook. Particularly troubling are…

WASHINGTON -- The Concord Coalition said today that a new letter released by the Congressional Budget Office (CBO) confirms the need for tough choices on spending and tax policy to avoid sustained budget deficits of $400 billion or more over…

WASHINGTON -- The Concord Coalition today released a new Report on Fiscal Responsibility entitled Deficits, Deception and Denial Rate a Failing Grade. This report grades Congress and the Administration on the choices that they make – or fail to make…

WASHINGTON -- With Congress debating plans to greatly expand Medicare by adding a prescription drug benefit, The Concord Coalition said today that trade-offs should be made to help rein in the program's already unsustainable long-term cost. In that regard, The…