The Concord Coalition said today that new Congressional Budget Office (CBO) projections showing federal deficits and debt steadily rising over the next 10 years and leaping to historic highs over the longer term are an alarming signal that action…
Today’s update from the CBO provides a sobering reality check on campaign calls for major spending increases or big tax cuts. The alarming budget outlook during a period of sustained economic growth and low unemployment reflects the continuing failure of…
At the time, military spending, including spending on homeland security, accounted for 54% of discretionary spending — that is, not-mandatory spending. But it accounted for only 16% of federal spending overall. "This is a common mistake," Robert Bixby, executive director of the centrist Concord…
For those wishing to take a deep dive into national health care spending, there is no better source than the annual report of the actuaries at the Centers for Medicare and Medicaid Services. Their report of 2018 spending was released…
