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Shutdown Over 2011 Spending Averted

Apr 11, 2011
With a potential government shutdown hours away on Friday, President Obama, Speaker of the House John Boehner and Senate Majority Leader Harry Reid reached a last-minute agreement to continue funding government agencies for the remainder of the fiscal year.Under the…
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Blogs

A Debt Limit Deadline

Apr 5, 2011
The Treasury Department now estimates that the federal government will reach its legal debt limit no later than May 16, although it could use “extraordinary measures” to avoid default through July 8.Some members of Congress have suggested that refusing to…
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Blogs

Struggles Continue on 2011 Budget

Apr 5, 2011
With the continuing resolution (CR) that currently funds government agencies set to expire on Friday, policymakers will need to reach agreement this week on a new resolution to avoid a government shutdown.Yesterday Republicans on the House Appropriations Committee proposed yet…
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Blogs

Say, Look at That Cliff . . .

Apr 5, 2011
As the political squabbling has continued over proposed cuts in a small part of the federal budget, dozens of fiscal, economic experts and business leaders renewed calls for President Obama and Congress to begin serious talks aimed at developing a…
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Blogs

Ryan Budget Suggests Big Changes

Apr 5, 2011
House Budget Committee Chairman Paul Ryan today released a budget plan that promises to cut projected deficits by more than $1.6 trillion over the coming decade. While this is a serious and commendable effort, the plan’s policy mix is unlikely…
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Blogs

A Budget Debate Three Stooges Style

Mar 31, 2011
Moe, Larry and Curly are fighting in the back seat of the car. No one is in the driver’s seat. As the boys settle down, Curly looks up and says, “Hey, don’t look now but we’re about to be killed.”…
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Press Releases

Concord Coalition Commends Blue Dog Democrats For Engagement In Comprehensive Budget Reform

Mar 30, 2011
WASHINGTON - The Concord Coalition today commended the Blue Dog Coalition of Democrats in the House of Representatives for going on the record with a set of benchmarks for comprehensive fiscal reform and urging that all options be kept on…
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Blogs

New Numbers Underscore GOP Dilemma

Mar 29, 2011
Budget-watchers in Washington are interested to see how Republican Paul Ryan, chairman of the House Budget Committee, will write a budget to achieve the sometimes conflicting aims of his conference.Republicans say voter anger over deficits last fall helped them take…
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Blogs

Obama, House Should Follow Senators’ Lead

Mar 22, 2011
With unsustainable deficits projected over the coming decade, President Obama and the House of Representatives should embrace a call from 64 senators of both parties to “engage in a broader discussion about a comprehensive deficit reduction package.”The need for such…
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Press Releases

Concord Coalition Supports Senators’ Call For Comprehensive Deficit Reduction And Asks House To Make A Similar Commitment

Mar 21, 2011
WASHINGTON – With a new Congressional Budget Office (CBO) analysis of the President’s proposed budget showing unsustainable deficits mounting over the coming decade, The Concord Coalition today called on President Obama and the House of Representatives to embrace a call…
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Blogs

Many Options for Deficit Reduction

Mar 15, 2011
The Congressional Budget Office (CBO) has released a useful report presenting more than 100 spending and revenue options for deficit reduction.Of the 38 options discussed for discretionary spending, about a third involve defense. With mandatory programs, the CBO said, policymakers…
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Blogs

GOP Faces Budget Dilemma

Mar 15, 2011
The same deficit fundamentals that have stymied Democratic lawmakers and President Obama now confront House Republicans. Their new chairman of the Budget Committee, Paul Ryan, faces a difficult job in producing a budget resolution that dramatically improves the deficit picture…
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