Press Releases

WASHINGTON - In the face of new projections from the Congressional Budget Office (CBO) showing a cumulative budget deficit of $19 billion over the next three fiscal years, excluding the “off-budget” Social Security surplus, The Concord Coalition today warned that…

WASHINGTON - In response to today's release of new projections from the Office of Management and Budget (OMB) showing a substantial decrease in the expected federal budget surplus, The Concord Coalition urged Congress and the Bush Administration to maintain fiscal…

WASHINGTON - The Concord Coalition today welcomed President Bush's appointment of a bipartisan Social Security commission, and expressed hope that the commission will produce a credible plan for dealing with the program's long-term challenges without resorting to accounting gimmicks or…

WASHINGTON -- The Concord Coalition warned today that a combination of House-approved tax cuts and Senate-approved spending increases could wipe out the projected $3.1 trillion non-Social Security surplus over the next 10 years.  Moreover, if discretionary spending continues to go…

WASHINGTON --  Concord Coalition leaders Warren Rudman, Sam Nunn, Peter Peterson, Robert Rubin and Paul Volcker will hold a press conference entitled “Saving For The Future:  Budget Policy, Tax Cuts & The Surplus” Monday, March 12, at 9 a.m. in…

WASHINGTON -- The Concord Coalition urged Congress and the new Administration to proceed with great caution as they consider what to do with the $3.1 trillion non-Social Security surplus projected today by the Congressional Budget Office (CBO). With two-thirds --…

WASHINGTON -- The Concord Coalition today released an issue brief that describes how Texas Governor George W. Bush and Vice President Al Gore plan to use the projected budget surplus.  Entitled “The Surplus Field of Dreams: Build it (more…)

WASHINGTON -- The Concord Coalition warned today that if discretionary spending continues to grow at the same rate it has in recent years, two-thirds of the projected 10-year non-Social Security surplus would disappear. (more…)