WASHINGTON -- With today's new estimates by the Congressional Budget Office (CBO) showing a continued decline in the federal government's long-term fiscal outlook, The Concord Coalition warned that Congress and the Bush Administration must not become complacent with the prospect…
WASHINGTON -- With new estimates by the Congressional Budget Office (CBO) showing annual budget deficits through 2005 and the projected 2002-2011 surplus virtually wiped out, The Concord Coalition warned today that fiscal policy is at a crossroads. The government's rapidly…
WASHINGTON -- The Concord Coalition today urged the House of Representatives to join the Senate in approving an increase in the statutory debt limit. According to Treasury officials, the current $5.95 trillion debt limit will be reached by the end…
WASHINGTON -- With the Treasury Secretary again forced to take extraordinary measures to avoid breaching the $5.95 trillion statutory debt limit, The Concord Coalition said today that Congress should prevent an unnecessary debt crisis -- now estimated to hit in…