The Latest

In part because of new deficit-financed tax cuts, the Congressional Budget Office (CBO) has moved up its projection for when lawmakers must act on the federal debt limit to the first half of March. That projection had previously been late…

Last week brought some good news for the economy and challenging news for the federal budget. The good news was a solid jobs number -- a gain of 200,000 in January -- and an even more promising gain in average…

Fiscal responsibility lost a great champion on Friday with the tragic death of Ed Lorenzen and his youngest son. At The Concord Coalition we lost a valued colleague and cherished friend. Our hearts go out to Ed’s family, including his…

No sooner had Congress approved its fourth budget stop-gap measure in four months than lawmakers began talking about the need for a fifth one in February. On Wednesday the No. 2 Republican in the Senate, Majority Whip John Cornyn, raised…

WASHINGTON -- The Concord Coalition expressed frustration today over Washington’s need for repeated short-term stop-gap funding measures and the inclusion of policies in them that will further increase the deficit. “It's good that the impasse leading to a partial government…

Lawmakers on Capitol Hill are debating whether to revive the practice of earmarks after President Trump expressed support for reversing a ban that has been in place since 2011. The ban was originally touted as a way to crack down…

During the 2016 presidential election and his first year in the White House, President Trump often promised to significantly increase military spending. He sounded that theme again last month in releasing his National Security Strategy, saying “historic investments” were required…

Elected officials in Washington know that the federal budget is on an unsustainable path, with the debt projected to rise rapidly over the next 10 years and beyond. That would be true even in the unlikely event that the tax cuts…