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Members and guests of the Charlotte Economics Club in North Carolina gathered for a luncheon on May 18 to hear a trio of fiscal policy experts discuss the massive budgetary challenges facing the nation. Robert Bixby, executive director of The…

WASHINGTON -- The Concord Coalition expressed disappointment today in President Trump’s first budget proposal, saying it relies on improbable assertions of higher economic growth and unrealistic assumptions about future spending cuts to achieve its goal of balancing the budget in…

Amid all the debate in Washington on health care, taxes and other things, the congressional budget process for the coming year is already behind schedule and seems to have almost been forgotten. Congress has yet to even consider a Fiscal…

Last week, Treasury Secretary Steven Mnuchin and Gary Cohn, chairman of President Trump’s Council of Economic Advisers, unveiled a one-page document that laid out the administration’s priorities for tax reform. While a document with such little detail could hardly be…

Many elected officials in both parties have long called for tax reform, although they often differ on what tax-related issues need to be addressed. As President Trump and members of Congress consider tax proposals to pursue this year, a new national…

Congress is again down to the wire on spending legislation for the current fiscal year, which is already half over. Returning to Washington after a 2-week recess, lawmakers need to take action before a stop-gap measure expires at midnight on…

WASHINGTON -- The Concord Coalition expressed disappointment today that President Trump’s initial set of budget proposals does not include any deficit reduction or an overall deficit-reduction target for the coming years and focuses only on the third of the budget…

Experts on the federal budget often warn that excessive federal debt could eventually lead to a fiscal crisis. But what would that actually involve, and how could Washington respond to such a crisis? (more…)