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Below are several developments we have been following since the last edition of the Washington Budget Report (sign up here) was published. (more…)


At a time of considerable uncertainty and risk, the United States faces two distinct problems that require different remedies. The economy remains shaky in the near-term, and fiscal policy remains unsustainable in the long-term. As Concord Executive Director Bob Bixby…


The International Monetary Fund has given Americans a tough-minded analysis of the challenges we face in putting the country on a more responsible fiscal course. While a recent IMF report points to some bright spots in the U.S. economy and…


As Congress returns from its July 4 recess, hearings on Capitol Hill will focus attention on the economic outlook, Social Security, future tax rates and government contracting. Lawmakers will be working against a backdrop of mounting public concern over the…


House Majority Leader Steny Hoyer stirred considerable discussion in Washington with a thoughtful speech last week emphasizing the need to develop a credible long-term deficit reduction plan even as the economic recovery continued.Such a plan, he said, could provide better…


A Washington Post editorial today sums up a bunch of different strands of thinking about the federal budget that Concord has been writing about and talking about a lot recently. (more…)


Jun 16, 2010
Debate on the so-called “extenders” bill has focused on the size and duration of unemployment benefits, health insurance assistance for those who recently lost their jobs, Medicare physician payments, state aid for health care and various offsets to mitigate the…


The Obama administration sent a letter to Congress over the weekend requesting $50 billion in spending to support the economy. This request will likely affect negotiations in the Senate and House over legislation extending some current spending policies and tax…


Deficits remain a big focus in Washington as President Obama, Federal Reserve Chairman Ben Bernanke and members of Congress in both parties have struggled to find the right balance between nurturing the economic recovery and demonstrating fiscal responsibility.But timing is…


The Obama administration has announced a very small effort to reduce deficit spending, and yet liberal groups are attacking them for promoting a policy that will kill the economy – or at least prolong the recession. And conservatives continue to…


How large is the federal debt? That's something of a trick question in economic circles, and some analysts believe it may have already tripped up the President's fiscal commission. (more…)


Before leaving Washington for the Memorial Day recess, the House passed a scaled back version of a bill extending several tax and spending provisions while the Senate passed a supplemental appropriations bill, though neither bill cleared both chambers. This has…

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