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…
Over the last 27 years, I have followed The Concord Coalition’s initiatives on fiscal responsibility as I raised my family and continued my logistics career in central Indiana. In recent years, however, I became more than a passive supporter. I…
It’s official. The federal budget deficit for Fiscal Year 2019 was $984 billion, an increase of $205 billion from 2018. That was the grim news delivered on Friday, October 25th by the U.S. Treasury Department. The deficit increased as a…