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…
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…
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…
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…
