The Concord Coalition said today that the Senate, in adopting a Fiscal Year 2018 budget resolution calling for deficit-financed tax cuts of up to $1.5 trillion over 10 years, has abandoned fiscal responsibility and embraced deepening debt as a misguided…
The Concord Coalition warned today that the latest attacks on the Congressional Budget Office (CBO) threaten to destroy its ability to provide policymakers and the public with nonpartisan, impartial analysis. After months of denigrating CBO, some members of Congress are…
WASHINGTON -- The Concord Coalition said today that updated projections by the Congressional Budget Office (CBO) underscore the need for President Trump and Congress to turn their attention to the worsening budget outlook. “The CBO’s latest projections, while not surprising,…
WASHINGTON -- The Concord Coalition expressed concern with President Trump’s new tax plan today, saying the administration has not shown how it could be financed without substantially increasing the federal debt. “While the proposal lacks specificity, what was released today…