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Last week the National Center for Health Statistics reported the total fertility rate was 1.62 in 2023. That’s the lowest rate ever recorded in the United States and well below the rate needed to maintain a growing population. As The…


The Government Accountability Office (GAO), the federal government’s chief auditor and financial watchdog, published a new report detailing a first-ever estimate of government-wide fraud. According to GAO, between fiscal years 2018 and 2022 (inclusive), the federal government experienced direct financial…


Last week, Congress enacted the remaining six annual discretionary appropriations bills for FY 2024, finally concluding the “regular” appropriations cycle for the current year (which is already 6 months underway). Combined, this second 6-bill “minibus” (H.R.2882, The Further Consolidated Appropriations…


The Concord Coalition said today that the Long-Term Budget Outlook for 2034-2054, released by the Congressional Budget Office (CBO), is a grim reminder that political leaders have utterly failed to deal with known imbalances in the federal budget. Under current…


WASHINGTON, DC – The Concord Coalition said today that President Biden’s goal of reducing future federal budget deficits by $3.2 trillion over 10 years is a step in the right direction, but falls short of what is needed to prevent…


This week, Congress enacted six of the twelve annual discretionary appropriations bills for FY 2024 (which is already 5 months underway). Combined, this 6-bill “minibus” provides roughly one-quarter of total discretionary appropriations for the current fiscal year. Legislative text for…


For immediate release: March 7, 2024 For more information: Chris Colligan -- 703-517-0378 -- 703-894-6222 -- [email protected] The economy is growing at a solid rate, unemployment remains low and inflation is coming down. These are all reasons to feel good…


We’ve all heard that if you put a frog in boiling water it will jump out, but if you put a frog in warm water and slowly turn up the heat it will stay put until boiled to death. That…


Appropriations for FY 2024 may still be unfinished, but time and the Congressional Budget Office (CBO) wait for no one. Despite little observable progress on the 12 appropriations bills to fund the government for the current fiscal year, CBO kicked…


The Concord Coalition today noted a small reduction in federal budget deficits projected by the Congressional Budget Office (CBO), but cautioned that the improvements are driven by lower projections of discretionary spending, which is subject to future annual appropriations–and the…


While appropriators haggled this week over how to fund the government before the next set of deadlines, the two chairmen of the tax writing committees in the House and Senate: Senator Ron Wyden (D-OR), Chairman of the Senate Finance Committee,…

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