In its Monthly Budget Review for June 2020, the Congressional Budget Office (CBO) said on Wednesday, July 8, that the budget deficit for the year so far has reached $2.74 trillion, an increase of $2 trillion over the same nine-month period in…
The economic devastation imposed by the coronavirus has been swift, steep, and wholly unlike any prior recession. In March, the government purposely induced a nationwide economic coma to curb the spread of the deadly coronavirus and deployed bazookas of money…
The Concord Coalition said today that a tax and spending package set to be voted on in the House of Representatives is a stunning display of fiscal irresponsibility. The bill, HR 1865, would reduce revenues by more than $400…
WASHINGTON - The Concord Coalition said today that a new budget process reform bill co-sponsored by Senate Budget Committee Chair Mike Enzi (R-WY) and Budget Committee member Senator Sheldon Whitehouse (D-RI) proposes reforms that would address some of the most…