#Congress

Alan Simpson and Erskine Bowles, who led a national fiscal commission to a bipartisan set of recommendations in late 2010, have released a new budget plan that shows once again that a mix of spending cuts and revenue increases can…

A House subcommittee heard testimony last week about the possibility of relying on a more accurate measure of inflation for the tax code and cost-of-living adjustments in federal benefits, an idea that The Concord Coalition and many economists support.Use of…

Congress plans to hold dozens of hearings this week on President Obama’s proposed budget for Fiscal 2014. Ideally, his proposals will be considered through a House-Senate conference committee as it works on a joint budget resolution.“While elected officials have made…

WASHINGTON -- The Concord Coalition said today that President Obama’s proposed budget for Fiscal Year 2014 provides a credible framework for the bipartisan negotiations that are needed to curb the growth of the federal debt over the next decade and…

The House and Senate passed budget resolutions with largely partisan votes before leaving for a two-week recess. Resolving the two competing visions of fiscal policy in the weeks ahead will be difficult, though both parties should accept the challenge and…

President Obama is back home after a diplomatic mission to the Middle East in which he exhorted the Israeli people, particularly young Israelis, to ignore the competing claims of extremists and take the push for peace into their own hands.…

Today the Senate Budget Committee considered the budget resolution that Chairman Patty Murray released yesterday. The blueprint calls for a mix of spending cuts and tax increases to reduce the deficit and lower the debt-to-GDP ratio. Under Murray’s plan, the…

This week the Senate began considering appropriations legislation to fund the government for the remainder of the fiscal year and prevent a government shutdown. The bill is the result of a compromise reached between Senate Appropriations Committee Chair Barbara Mikulski…