Press Releases

WASHINGTON -- Robert Bixby, Executive Director of The Concord Coalition, will testify Thursday, September 28th, before the Senate Finance Committee Subcommittee on Long-Term Growth and Debt Reduction. The hearing is entitled "America's Public Debt: How Do We Keep It From…

WASHINGTON -- With today's budget update by the Congressional Budget Office (CBO) showing the deficit shrinking from $318 billion in 2005 to $260 billion this year, The Concord Coalition warned that the lower deficit -- while certainly welcome (more…)

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…)