#Budget Process

The Concord Coalition today reiterated its support for enacting statutory pay-as-you-go (PAYGO) rules, particularly in light of proposals to expand the federal government’s health care commitments. Concord warned, however, that the Obama Administration’s PAYGO proposal would exempt $3.5 trillion of…

Now that the Congressional Budget Resolution has passed, there has been a lot of talk about how the reconciliation instructions included in the resolution will make it easier for a health care reform effort to pass.  Particularly since the mechanics…

As we previously noted, President Obama released the outline of his first budget at the end of February.  Those details have been scored by the Congressional Budget Office and included in the March update to their Budget and Economic Outlook.…

WASHINGTON -- With today’s release of a Congressional Budget Office (CBO) report estimating that the President’s budget would result in annual deficits averaging more than $900 billion over the next 10 years, The Concord Coalition pointed out that much of…

The Concord Coalition said today that President Obama's pledge to cut the deficit in half by 2013 is a positive and achievable goal but warned that it would still leave the nation on an unsustainable fiscal path. Concord praised the…

The House of Representatives voted today to pass an $819 billion stimulus package. Attention now turns to the Senate debate and vote, and then to reconciling the two chambers' versions. (more…)

The big story today is that the non-partisan Congressional Budget Office updated their baseline estimate for the federal budget's ten-year outlook. Our analysis, based on their most recent data, shows that current policy trends could add $10.295 trillion to the…

WASHINGTON--The Concord Coalition today urged lawmakers not to use the financial rescue bill as a way to subvert fiscally important pay-as-you-go (paygo) budgeting rules. Concord warned that attaching political sweeteners—the extension of expiring tax provisions—to the bailout bill further politicizes…