The Latest

In considering budget plans for the coming fiscal year, President Trump and lawmakers should keep in mind that under current law the federal government is already on track to run up deficits of nearly nine and a half trillion dollars,…

WASHINGTON -- The Concord Coalition expressed concern tonight that President Trump’s speech to a joint session of Congress failed to discuss in any detail how his administration planned to meet the nation’s key fiscal challenges or finance his new proposals.…

President Trump and many lawmakers in both parties have promised to attack waste and substantially improve government efficiency. The Government Accountability Office (GAO) has just handed them a long list of opportunities to do so in its latest “High Risk…

In an interview on Fox News last week, President Trump said that he would like to have a balanced budget “eventually,” but not at the expense of higher spending for the military. “So a balanced budget is fine,” Trump said.…

WASHINGTON -- The Congressional Budget Office (CBO) today released new projections confirming that federal deficits and the accumulated debt remain on an unsustainable path -- a problem that The Concord Coalition urges the new administration and Congress to address as quickly as…

With a new administration coming into office, a report on the nation’s fiscal health provides a timely and emphatic reminder of the need for the new president and Congress to pursue sweeping long-term changes in the federal budget. Released this week by…

While the budget resolution that congressional Republicans approved last week was designed to speed repeal of the Affordable Care Act (ACA), budget analysts and some lawmakers in both parties have expressed understandable concerns about such hasty action before a replacement…

As of Friday, September 8, the total debt of the United States government topped $20 trillion. That eye-catching number should prompt all of us to reflect on what the growing debt means for future generations (a lot) and whether our elected…