#Congress

President Obama signed legislation this week to suspend the federal debt limit until mid-May as Democrats and Republicans continued to debate a range of budget issues. The Senate approved the debt limit legislation on a 64-34 vote last Thursday that…

WASHINGTON -- The Concord Coalition today applauded the efforts of a bipartisan group in the House of Representatives to encourage a long-term balanced budget plan based on the principles of the 2010 National Commission on Fiscal Responsibility and Reform (Simpson-Bowles).…

President Obama last week praised White House Chief of Staff Jack Lew, his nominee for Treasury secretary, as someone who has his “complete trust” and has “built a reputation as a master of policy who can work with members of…

With Democrats and Republicans squaring off over upcoming budget decisions, The Concord Coalition is urging elected officials to promptly raise the federal debt limit and then reform the debt limit process. Such a reform could be part of a comprehensive…

Over the weekend, President Obama signed legislation to provide an initial $9.7 billion in disaster relief funding for states recovering from Hurricane Sandy. The funding will provide additional borrowing authority to enable the Federal Emergency Management Agency to continue processing…

The 113th Congress convened last week amid widespread concern that the fiscal cliff legislation – signed Wednesday by President Obama – set the stage for a series of “mini-cliffs” and intense political struggles over federal budget issues early this year.The…

As they continue wrestling with the nation’s fiscal and economic challenges, elected officials in Washington would do well to keep the example of the late Warren Rudman in mind. (more…)

When faced with the numbers, most Americans are willing to take on the shared sacrifice necessary to eventually stabilize the federal debt, according to Paul Hansen, western states regional director for The Concord Coalition. (more…)