WASHINGTON -- The Concord Coalition said today that updated projections by the Congressional Budget Office (CBO) highlight the need for elected officials and political candidates to focus on the nation’s worsening fiscal challenges. “While not surprising, the projections released today…
Federal deficits are rising so rapidly that many politicians appear to be throwing up their hands and simply ignoring the numbers. It is true that the necessary fiscal repairs would generally require hard choices and public sacrifices. There is at…
Federal budget projections are already quite alarming, with the national debt high by historical standards and rising rapidly. The fiscal picture looks even worse, however, if one takes into account federal insurance programs and other activities that transfer financial risks…
On the heels of its new budget plan with high economic growth projections that have been widely questioned, the Trump administration last week released a report that makes clear these projections rest on a dubious assumption: “full implementation” of the…