WASHINGTON -- With new estimates by the Congressional Budget Office (CBO) showing annual budget deficits through 2005 and the projected 2002-2011 surplus virtually wiped out, The Concord Coalition warned today that fiscal policy is at a crossroads. The government's rapidly…
WASHINGTON -- The Concord Coalition today urged the House of Representatives to join the Senate in approving an increase in the statutory debt limit. According to Treasury officials, the current $5.95 trillion debt limit will be reached by the end…
WASHINGTON -- With the Treasury Secretary again forced to take extraordinary measures to avoid breaching the $5.95 trillion statutory debt limit, The Concord Coalition said today that Congress should prevent an unnecessary debt crisis -- now estimated to hit in…
As Congress begins work this week on the fiscal year 2003 budget resolution, The Concord Coalition has the following recommendations of things to do and things not to do: Things to do (more…)