News Archives - Page 46 of 202

Blogs

‘A Fairly Ugly Picture’: the Economic Risks of Current Fiscal Policy

May 21, 2018

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…

Blogs

Trump’s Prescription Drug Proposal: No Immediate Relief

May 17, 2018

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…

Blogs

Rescissions Bill is a Smokescreen

May 14, 2018

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…

Blogs

Peterson Foundation Fiscal Summit: ‘Debt Matters’

May 11, 2018

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…

Blogs

Long Ignored, Pension Problems Are Mounting

May 8, 2018

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…

Blogs

GAO Suggests Ways to End Duplication, Save Money

May 3, 2018

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…

Blogs

A Bad Time to Skip Budget Resolution

Apr 30, 2018

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…

Blogs

Others Dig Out of Debt; U.S. Digs Deeper

Apr 23, 2018

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…

Blogs

CBO’s Economic Outlook: Four Takeaways

Apr 17, 2018

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…

Press Releases

Endless Trillion-Dollar Deficits Would Weaken the Nation

Apr 9, 2018

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…

Blogs

Proposed Amendment Often Just a Smokescreen for Fiscal Irresponsibility

Apr 5, 2018

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…

Press Releases

Spending Bill Gives Deficit Another Boost

Mar 23, 2018

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 Latest

‘A Fairly Ugly Picture’: the Economic Risks of Current Fiscal Policy

Trump’s Prescription Drug Proposal: No Immediate Relief

Rescissions Bill is a Smokescreen

Peterson Foundation Fiscal Summit: ‘Debt Matters’

Long Ignored, Pension Problems Are Mounting

GAO Suggests Ways to End Duplication, Save Money

A Bad Time to Skip Budget Resolution

Others Dig Out of Debt; U.S. Digs Deeper

CBO’s Economic Outlook: Four Takeaways

Endless Trillion-Dollar Deficits Would Weaken the Nation

Proposed Amendment Often Just a Smokescreen for Fiscal Irresponsibility

Spending Bill Gives Deficit Another Boost

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