Press Releases

WASHINGTON -- The Concord Coalition welcomed today's news that the federal government's budget deficit shrank to just $1 billion in fiscal year 1999 without counting the Social Security surplus.  However, the Coalition reminded Congress and the Administration that the surplus…

WASHINGTON -- The Concord Coalition said today that President Clinton's proposal to credit the Social Security trust fund with future general revenues, thereby extending its “solvency” to 2050, is a hollow attempt at reform because it would do nothing to…

WASHINGTON -- On the heels of President Clinton's remarks this morning touting a “larger than projected” surplus and calling on Republicans to help him “save Social Security with a lockbox,” The Concord Coalition today warned that surplus euphoria and lockbox…

WASHINGTON -- On the heels of its recent National Debt Clock tour, the Concord Coalition reminded lawmakers today that the long-term economic benefits of paying down the mounting federal debt outweigh the short-term benefits of permanent spending increases or huge…

WASHINGTON -- The Concord Coalition has placed a full-page advertisement in this Sunday's New York Times (August 15, 1999) urging President Clinton and Members of Congress not to squander the surplus, and to fix Social Security and Medicare first.  …

WASHINGTON -- The Concord Coalition today urged Congress to put the interests of future generations first by rejecting the proposed 10-year $792 billion tax cut, and instead turning its attention to the neglected issues of long-term Social Security and Medicare…

WASHINGTON -- The Concord Coalition today urged the House of Representatives to reject the The Financial Freedom Act of 1999 (H.R. 2488) because it relies too heavily on projections of huge future budget surpluses that are unlikely to materialize, and…

WASHINGTON -- The Concord Coalition today welcomed President Clinton's Medicare reform proposal but questioned the lack of means testing and the use of projected budget surpluses as a way to finance future obligations. Concord Coalition Co-Chairs and former U.S. Senators…