Press Releases

WASHINGTON - With the Senate expected to vote this week on the so-called "Trifecta" bill, which includes a permanent reduction in the estate tax, temporary extension of several expiring tax provisions and a new mandatory spending program for mine reclamation…

WASHINGTON -- With the Bush Administration's Mid-Session Review today projecting that very strong revenue growth will cause a slight decline in the federal budget deficit--from $318 billion last year to $296 billion this year--and (more…)

WASHINGTON -- With today's release of the annual Social Security and Medicare trustees' reports showing a combined long-term unfunded obligation of $15.6 trillion over 75 years in these two entitlement programs, The Concord Coalition warned that the two programs are…

WASHINGTON -- Today, the Concord Coalition issued its “Checklist for a Fiscally Responsible Budget Resolution.” This issue brief describes attributes any budget resolution intent on combating the deficit should have. (more…)

WASHINGTON -- With Congress considering a tax cut package that could exceed $70 billion and the Treasury Secretary again being forced to take extraordinary measures to avoid breaching the $8.18 trillion statutory debt limit, The Concord Coalition said today that…

WASHINGTON -- The Concord Coalition said today that President Bush's fiscal year 2007 budget takes an appropriately hard line on spending, but its claim to result in significant deficit reduction relies on budgetary gimmicks that understate (more…)

WASHINGTON -- The Concord Coalition said today that new projections by the Congressional Budget Office (CBO) clearly demonstrate the growing budgetary challenges of an aging population and the need to confront hard policy trade-offs. With such trade-offs, the budget can…

WASHINGTON -- With Congress nearing completion of the fiscal year 2006 spending "reconciliation" bill, The Concord Coalition said that enactment of the bill would result in a modest amount of deficit reduction, but only if the savings are not erased…