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Uncle Sam just got a fiscal health check-up from the Government Accountability Office (GAO) and it didn’t go well. The patient should be alarmed. So should the American taxpayer. “The Congress and administration face serious economic, security, and social challenges…


This is a guest post by Concord Coalition intern Rob Ryan While the fundamentals of the United States economy are strong in the near term, the nation faces major challenges that may put the sustainability of current economic growth at risk. Chief…


This is a guest post by Concord Coalition intern Rob Ryan Politicians and economists have long stressed the importance of simplifying our nation’s tax code. Tax reform that eliminates many tax breaks, also known as “tax expenditures,” can foster economic growth and…


By Rob Ryan Despite recent 3 percent growth of the American economy, our nation's long-term fiscal challenges are likely to hinder the sustainability of such robust growth. To maximize growth in a sustainable fashion, elected officials must enact a more…


WASHINGTON -- The Concord Coalition said today that this year’s reports from the Social Security and Medicare trustees again show that these programs need substantial reforms to put them on sustainable paths without squeezing other national priorities out of the…


The Congressional Budget Office (CBO) recently released an update to its estimates and projections of the cost and use of federal government subsidies for health insurance for people under age 65. The headline number is that the government will spend…


The 2018 Social Security and Medicare Trustees’ Reports are expected to be released within the next few weeks. In anticipation of this, two former public trustees have issued a preview that includes a list of items to watch for. Charles…


WASHINGTON -- The nonpartisan Congressional Budget Office (CBO) today released its analysis of President Trump’s proposed budget for Fiscal 2019. Robert L. Bixby, executive director of The Concord Coalition, issued the following statement: CBO’s analysis today of the president’s budget…


The American economy is at risk for a variety of reasons: high and rising federal debt, mounting interest and health costs, recent tax and spending decisions, and widespread complacency -- in Washington and around the country -- about the difficult…


This week the Trump administration released a compilation of ideas aimed at reducing prescription drug costs. Slowing the rise of drug costs is an important part of addressing the nation’s fiscal challenges because rising health care costs are the largest…


With some fanfare, the Trump administration has sent Congress a rescission request that would cancel $15.3 billion of “budget authority” that was granted to executive branch agencies in past legislation. The administration and some in Congress have touted this proposal as…


Amid widespread concern about the rapidly rising national debt, The Peter G. Peterson Foundation held its ninth annual “Fiscal Summit” Thursday in Washington to spotlight the risks and challenges that such debt entails. “This year the theme of our fiscal…

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