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The Central States Pension Fund is warning the 400,000 retirees and workers it covers that it will be insolvent by the start of 2025 and is urging them to push Congress to pass legislation to protect their benefits. This warning…


As Congress and President Trump agreed in the last few months to dramatically increase federal borrowing, there have been a lot of breezy assurances that rapid and sustained economic growth will take care of everything. The nonpartisan Congressional Budget Office…


In his first appearances on Capitol Hill as the new Federal Reserve chairman, Jerome Powell strongly urged lawmakers to start putting the federal government on a better fiscal path. Powell, who became Fed chairman in early February, told the House…


In WITN (North Carolina) Greenville, N.C. -- From the stock market, to budget deals the country's finances are a big conversation right now. Students got a visit from an Eastern Carolina Congressman, who spoke to them as they worked to find…


Elected officials in Washington know that the federal budget is on an unsustainable path, with the debt projected to rise rapidly over the next 10 years and beyond. That would be true even in the unlikely event that the tax cuts…


Before Congress approves a final package of tax cuts estimated to add more than a trillion dollars to the national debt over 10 years -- in addition to the $10 trillion already projected under current law -- The Concord Coalition…


During budget negotiations in the coming weeks, Congress should ensure that the Internal Revenue Service (IRS) has sufficient funding to effectively enforce the tax laws and improve taxpayer assistance and education services. This would allow the federal government to actually…


The Concord Coalition warned today that the latest attacks on the Congressional Budget Office (CBO) threaten to destroy its ability to provide policymakers and the public with nonpartisan, impartial analysis. After months of denigrating CBO, some members of Congress are…


WASHINGTON -- The Concord Coalition is pleased that the House Budget Committee has voted to advance a budget resolution that aims to balance over 10 years, but is skeptical about the assumptions the committee makes to get there. However, establishing…


The Congressional Budget Office (CBO) provides a critical service for policymakers and the public: projecting the budgetary and economic impacts of proposed legislation. Since its inception in 1974, CBO has established an unparalleled track record for objectivity and analytical rigor.…


Many Americans are no doubt struggling to understand some of the latest news from Washington about the federal budget. That’s because elected officials in Washington are approaching their work on the Fiscal 2018 budget with some long-unfinished business: They have…


WASHINGTON -- The Concord Coalition expressed concern tonight that President Trump’s speech to a joint session of Congress failed to discuss in any detail how his administration planned to meet the nation’s key fiscal challenges or finance his new proposals.…

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