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Debt Concerns Haunt “Big Beautiful Bill”

By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future, the guest was Bill Hoagland, Senior Vice President at the Bipartisan Policy Center. Hoagland spent 33 years grinding through the…

Coming to Agreement on the Federal Budget: Budget Exercise in Atlanta with WSB Radio’s Shelley Wynter

In partnership with WSB Radio’s Shelley Wynter from The Shelley Wynter Show, we took the Principles & Priorities budget exercise to Atlanta, Georgia, for an insightful event that brought together people from all sides of the aisle.  “The conversations were tough,…

What’s Behind the Greenland Pitch?

By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future, the guest was former Congressman Richard Swett (D-NH), who also served as U.S. Ambassador to Denmark. He discussed President…

Statement on White House Rescissions Package

In response to  the White House sending Congress a rescissions package to claw back $9.4 billion in previously approved spending, Carolyn Bourdeaux, Executive Director of Concord Action, made the following statement:  “Without endorsing specific cuts, proposing rescissions to Congress is…

House Republicans Propose Major Overhaul to Student Loan and Higher Education Financing

On May 22nd, the House of Representatives passed a budget reconciliation bill, known as the One Big Beautiful Bill Act (OBBBA). While much of the public focus has centered on tax cuts and reductions to entitlement programs like Medicaid and…

Budget Reconciliation Budget Gimmicks

Budget Gimmicks Mask True Cost and Erode Faith in Institutions Now that the House has passed its reconciliation bill - the One Big Beautiful Bill Act (OBBBA) - that increases the Federal debt by around $3 trillion over ten years,…

GAO Flags Impoundment Act Violation

In a decision that could signal trouble ahead for the Trump Administration's efforts to exert more authority over Congressional spending priorities, the Government Accountability Office (GAO) concluded last week that the Department of Transportation (DOT) violated the Impoundment and Control…

Statement on House Passage of the One Big, Beautiful Bill Act

In response to the House passing the One Big, Beautiful Bill Act, Carolyn Bourdeaux, Executive Director of Concord Action, issued the following statement: While we are waiting for the final score on the One Big, Beautiful Bill Act that passed…

Statement on House Rules Committee Bill Markups

In response to the House Rules Committee markup of a bill that could increase the national debt by roughly $3.3 trillion, Carolyn Bourdeaux, Executive Director of Concord Action, issued the following statement: "As the US House continues to deliberate on…

Moody’s Downgrades United States Credit

Moody’s Downgrades United States Credit On Friday, Moody's, one of the three major credit rating agencies, downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest payments "that are significantly…

The Bumpy Road to Reconciliation

The Bumpy Road to Reconciliation This week, a number of  House Committees completed their reconciliation “markups” - a series of proposed legislative changes that included permanently extending many of the 2017 Tax Cuts and Jobs Act (TCJA) tax cuts, adding…

Too Many Tax Cuts; Not Enough Offsets

By Bob Bixby, Host, Facing the Future Click here to listen to the episode now This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget (CRFB), guided us through the budget…

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