WASHINGTON -- With today's release of the Bush Administration's Mid-Session Review projecting a decline in the federal budget deficit, from $412 billion last year to $333 billion this year, The Concord Coalition warned lawmakers not to use this welcome news…
WASHINGTON -- The Concord Coalition said today that President Bush's suggestion to reduce Social Security's long-term cost by modifying the benefit formula is a positive step in the debate over how to shore up the system's finances. (more…)
WASHINGTON -- As the House and Senate debate their respective versions of the Fiscal Year 2006 budget resolutions, The Concord Coalition today urged them to combat the threat of growing deficits by adopting strong enforcement mechanisms - including a “pay-as-you-go”…
WASHINGTON -- The Concord Coalition warned today that new projections by the Congressional Budget Office (CBO) show a worsening budget outlook and the first ominous signs of fiscal strain brought on by the baby boomers' retirement. (more…)