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Economists looking for solid clues about the future path of inflation were stymied by Consumer Price Index (CPI) data released this week.


Thirty years ago when The Concord Coalition began advocating fiscal and generational responsibility it was already clear that climate change posed a serious threat to the planet. There was not, however, much discussion about how climate change might affect…


The U.S. economic recovery from the COVID-induced recession continues to surprise. On April 28, the Bureau of Economic Analysis (BEA) released its preliminary estimate of first quarter real GDP for 2022. Most economists predicted a slowdown from the explosive 6.9 percent…


The House and Senate returned this week after a two-week spring break. Lawmakers have a lot on their plates between now and the end of the year—a year shortened by the campaign season and the November midterm elections. As…


Apr 21, 2022
The March inflation report from the Bureau of Labor Statistics was shocking. The price of the average consumer’s market basket of goods and services rose 8.5 percent over the previous 12 months—the highest level in 40 years. Excluding the…


WASHINGTON - The Concord Coalition today welcomed President Biden’s goal of reducing federal budget deficits but cautioned that the path of deficit reduction reflected in the administration’s newly released Fiscal Year 2023 Budget is based on optimistic economic assumptions and unlikely…


One of the most memorable lines in cinema comes from the 1975 Steven Spielberg film, “Jaws,” where after a brief but terrifyingly close encounter with the razor-sharp teeth of the eponymous mega-shark, a visibly shaken Sheriff Brody turns to…


National leaders play a dangerous game of policy “chicken” every time they defer corrective action on known challenges, hoping to address them later when it’s more politically expedient. But this “kick the can” strategy risks a slow moving cumulative…


FOR IMMEDIATE RELEASE: Monday, February 28, 2022 CONTACT: Av Harris 202-695-9524 [email protected] Washington, DC – The Concord Coalition and the Global Aging Institute (GAI) today jointly released…


We’re on the road again! As the U.S. economy regains its footing, policymakers must shift their attention to the pre-existing structural imbalances that have put us on a path of chronically slow economic growth and unsustainable debt over the…


If you blinked this week, you probably missed that the total federal debt reached $30 trillion—an historic high. Like aging Americans who bemoan birthdays ending in zero (30, 40, 50, …), this occasion marked the crossing of an important, albeit…


By any measure, this has been an eventful year on the budget front. As 2021 draws to a close, however, it is apparent that much of 2022 will be devoted to a substantial agenda of unfinished business left over from…

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