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WASHINGTON--Earlier today, the White House announced that there will be at least a $76 billion budget surplus for the 1999 fiscal year. The Concord Coalition, a nonpartisan group advocating fiscal discipline, today reminded the leadership of both parties that the…

WASHINGTON--The Concord Coalition today urged all participants in the White House Conference on Social Security to address the program's long-term problems in a constructive and bipartisan manner. (more…)

WASHINGTON-As a result of yesterday's mid-term elections, baby boomers will comprise a majority in the U.S. House of Representatives for the first time. The House will have 219 baby boomer members when the 106th Congress convenes in January 1999. (more…)

WASHINGTON--It is now official: without counting the Social Security surplus, the federal government recorded a $29 billion budget deficit in 1998. The Concord Coalition, a bipartisan group advocating fiscal responsibility, today asserted that the claims of a budget surplus for…

WASHINGTON--Concord Coalition Co-Chairs Sam Nunn and Warren Rudman sent a letter to all members of Congress today urging the rejection of a provision in the omnibus spending bill that would substantially repeal the 1986 military pension reforms. (more…)

WASHINGTON--Despite claims the country is wiping away 30 years of red ink, the national debt continues to grow. While politicians of both parties take credit for a budget "surplus," the national debt has grown by over $110 billion ($110,639,535,002.46) so…

WASHINGTON-With the federal government projected to run $137 billion in deficits without counting the Social Security surplus over the next five years, so-called "unified" budget surpluses should not be used for either tax cuts or spending increases. That was the…

WASHINGTON--While Congress debates tax cuts and spending increases, the Concord Coalition today reminded lawmakers that the budget surplus projected for this year and the next decade is already earmarked--for Social Security. (more…)