Press Releases

WASHINGTON -- While the nation’s attention is justifiably focused on multiple other crises, today’s publication of the Social Security and Medicare trustees reports reminds us of another call to action: averting the financial crisis in our nation’s largest entitlement…

WASHINGTON - The Concord Coalition said today that the Senate should not vote on final passage of the bipartisan infrastructure bill until it has found a way to close the $256 billion of deficits between 2021 and 2031 that the…

The Concord Coalition today expressed disappointment that President Biden’s first budget, covering Fiscal Years 2022 through 2031, will produce annual deficits in excess of $1 trillion for each of those years and increase the debt as a share of…

The Concord Coalition welcomes the Time to Rescue United States Trusts Act (TRUST Act), introduced by a bipartisan group of lawmakers, led by Senators Mitt Romney (R-UT) and Joe Manchin (D-WV) in the Senate and Representatives Mike Gallagher (R-WI), Ed…

WASHINGTON -- The Concord Coalition said that today’s baseline projections by the Congressional Budget Office (CBO) are a strong reminder that the budget is on an unsustainable path, not because of the massive short-term deficit spending incurred to support the…

The Concord Coalition said today that new 10-year economic projections published by the Congressional Budget Office (CBO) demonstrate why Congress and the president should be increasingly focused on adopting a COVID-19 relief package that is truly timely, targeted, and temporary.…

The Concord Coalition said today that new 30-year projections by the Congressional Budget Office (CBO) demonstrate why Congress and the president should ensure that necessary near-term steps to support the economy in the face of the COVID-19 pandemic should not…

The Concord Coalition issued the following statement today by Executive Director Robert L. Bixby regarding updated economic and budget projections from the Congressional Budget Office: Despite eye-popping near-term deficit projections, the more significant and troubling aspect of CBO’s updated projections…