#Economy

Underscoring the high stakes involved for younger Americans, student body presidents from more than 120 colleges around the country have called on President Obama and congressional leaders to set partisan politics aside, raise the federal debt ceiling and agree on…

With time running short to raise the federal debt limit, Republicans and Democrats are planning votes this week on competing plans that President Obama and House Speaker John Boehner championed in speeches to the country Monday night.Obama called for “shared…

The partisan vortex in Washington is now so strong that it threatens to swallow all rational thought. (more…)

Although elected officials often talk about tax cuts helping the economy, whether such reductions live up to the high expectations for them depends on the circumstances. Three key factors to consider: the state of the economy, how a proposed cut…

The biggest sticking point in the debt-limit talks has been the disagreement over tax policy. (more…)

An economically "sustainable" debt is one that does not rise faster than our means to ultimately pay it off. So federal deficits as a share of our economy should ideally be no larger than the economy’s growth rate.We must focus…

Scaling back government subsidies in the tax code, as recommended by a number of bipartisan panels, remains a central issue in the debate over federal deficit reduction.In her latest column for Tax Notes, Concord Coalition Chief Economist Diane Lim Rogers…

The Congressional Budget Office (CBO) released projections last week that Concord Coalition Executive Director Robert L. Bixby said confirms that federal finances “are on an unsustainable course that threatens our economic future, risks turmoil in the financial markets, and burdens…