Moving rapidly to pass the next installment of COVID-19 pandemic relief, on May 15 the U.S. House of Representatives passed H.R.6800, the Health and Economic Recovery Omnibus Emergency Solutions Act, or the HEROES Act. Although the Congressional Budget Office has…
Smith, with the Concord Coalition, and others who lament Congress didn’t take advantage of the pre-pandemic years of growth to eliminate deficit spending and lower the national debt said not doing so after the pandemic has passed threatens to increase inflation and crowd out private borrowing.
Last year, The Concord Coalition began a new project exploring the building blocks of a fiscally responsible economic growth agenda. The project focused on health care reform, workforce growth, productivity investments, worker training and sustainable solvency for Social Security. In…
WASHINGTON -- While the nation’s attention is justifiably focused on containing the spread of COVID-19 and alleviating the resulting economic damage, The Concord Coalition said today that this year’s reports from the trustees of Social Security and Medicare demonstrate…