The Latest

New projections by the Congressional Budget Office (CBO) show that President Trump’s proposed Fiscal Year 2020 budget would increase the debt from 78.2 percent of the economy (GDP) to 87.4 percent of GDP over the next 10 years. The proposals…

Low interest rates on the federal debt have allowed the government to borrow more in recent years without seeing the cost of servicing that debt rise as a share of the economy (GDP). As the debt has climbed from 39…

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…

With growing threats from climate change and natural disasters, some lawmakers in both parties are discussing needed changes in how Washington budgets -- or to be more precise, fails to budget -- for disaster-related costs. “Planning for emergencies is not…

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…

There’s a familiar ring to the latest report by the Government Accountability Office (GAO) on the nation’s fiscal health, and that is not a good sign. The new report reiterates GAO’s past warnings about the federal government’s budget problems and…

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…

Principles and Priorities, an interactive group exercise developed by The Concord Coalition, continues to help people around the country understand the difficult choices that must be made to put the federal budget on a more responsible path. In recent weeks…