WASHINGTON - The Concord Coalition today welcomed President Biden’s goal of reducing federal budget deficits but cautioned that the path of deficit reduction reflected in the administration’s newly released Fiscal Year 2023 Budget is based on optimistic economic assumptions and unlikely…
National leaders play a dangerous game of policy “chicken” every time they defer corrective action on known challenges, hoping to address them later when it’s more politically expedient. But this “kick the can” strategy risks a slow moving cumulative…
If you blinked this week, you probably missed that the total federal debt reached $30 trillion—an historic high. Like aging Americans who bemoan birthdays ending in zero (30, 40, 50, …), this occasion marked the crossing of an important, albeit…
Transformational policies are not temporary policies. If Democrats truly believe the BBBA is transformational, then today’s CBO score is a more accurate reflection of the measure’s cost. WASHINGTON, DC—According…