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The Central States Pension Fund is warning the 400,000 retirees and workers it covers that it will be insolvent by the start of 2025 and is urging them to push Congress to pass legislation to protect their benefits. This warning…


Congress and the Trump administration could save tens of billions of dollars by acting to improve efficiency and effectiveness in dozens of federal programs that range from Medicare to military purchasing to storage of radioactive waste, according to the Government…


As lawmakers start to move forward on spending legislation for the Fiscal 2019, it seems increasingly likely that they will skip an essential first step in the congressional budget process: Passing a budget resolution. If they skip it, they will…


The United States has earned a dubious distinction, according to the International Monetary Fund (IMF): It is the only economically advanced country in the world that plans to dig itself deeper into debt over the next five years. The IMF…


As Congress and President Trump agreed in the last few months to dramatically increase federal borrowing, there have been a lot of breezy assurances that rapid and sustained economic growth will take care of everything. The nonpartisan Congressional Budget Office…


WASHINGTON -- The Congressional Budget Office (CBO) today released projections that show sharp increases in the federal deficits and debt over the next decade and beyond. Robert L. Bixby, executive director of The Concord Coalition, issued the following statement: This…


Plans are in the works for a House vote this month on a balanced budget amendment to the Constitution -- a project that is hard to take seriously after Congress in recent months has approved large, deficit-financed tax cuts and…


WASHINGTON -- President Trump today signed the $1.3 trillion spending bill to fund government programs for the remaining six months of Fiscal 2018. The following statement is from Robert L. Bixby, executive director of The Concord Coalition: Congress and President Trump…


The Concord Coalition mourns the loss of its founding President Peter G. Peterson, who died today at the age of 91. Executive Director Robert L. Bixby issued the following statement: Pete Peterson lived the American Dream. As a depression-era child…


A new study in the Journal of the American Medical Association looks across the health care systems of the 10 highest-income countries around the globe to examine what makes our system uniquely inefficient -- spending almost twice as much per…


It probably isn’t a good sign when a political project is initially mistaken for a joke. But President Trump and House Ways and Means Chairman Kevin Brady last week found themselves having to insist that they were serious about wanting…


A new joint congressional committee on the budget process held its first meeting Thursday amid bipartisan hopes that the panel would be able to suggest helpful reforms late this year. Certainly there is room for improvement. Year after year the…

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