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…
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…)
As a result of our nation’s demographics, Social Security is on an unsustainable path under current policy and needs to undergo reform. Fortunately, there are many bipartisan options available to consider, as the Congressional Budget Office (CBO) recently reminded lawmakers.…
When The Concord Coalition presents its federal deficit-reduction exercise around the country, many of the participants arrive with what they consider an easy solution in mind: Cut foreign aid. They assume this would produce a gusher of extra money for other programs…
