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WASHINGTON -- The Concord Coalition said that today’s baseline projections by the Congressional Budget Office (CBO) are a strong reminder that the budget is on an unsustainable path, not because of the massive short-term deficit spending incurred to support the…


The Concord Coalition said today that new 10-year economic projections published by the Congressional Budget Office (CBO) demonstrate why Congress and the president should be increasingly focused on adopting a COVID-19 relief package that is truly timely, targeted, and temporary.…


President Biden has proposed an ambitious 100-day agenda, starting with passage of a $1.9 trillion COVID relief and recovery bill. But in an evenly divided Senate, finding the necessary votes to avoid a legislative filibuster will be difficult as many…


The novel coronavirus that began sickening patients in China in early December 2019 has spread across the globe. The federal fiscal response to the outbreak in the U.S. has properly focused on two objectives: fight the virus and stabilize the…


WASHINGTON – A new paper jointly released by The Concord Coalition and the Global Aging Institute (GAI) examines whether ongoing improvements in the health of the elderly could be an economic and fiscal gamechanger. The paper, which is the…


After months of bickering and delay, House and Senate negotiators finally agreed to compromise on a much-needed fifth installment of COVID-19 relief for individuals and small businesses. Though wrapped up in mammoth legislation carrying the 12 annual funding bills for…


A welcome ray of hope pierced the partisan Washington fog last week when a bipartisan group of lawmakers outlined a new COVID-19 relief plan. Nine Senators - four Republicans, four Democrats, and one independent - joined the House Problem Solvers…


The COVID-19 pandemic has focused attention on the nation’s health care system. Much of that attention has understandably been devoted to strategies for combating the virus, which has infected more than 11 million Americans, caused over 247,000 deaths, devastated the…


As an eager nation waits for state officials to certify results of the 2020 elections, Congress and the president (both this year’s and next) face a crowded agenda filled with urgent policy deadlines. While some political strategists predict continued gridlock,…


The federal government released its much-anticipated preliminary estimate of third quarter real GDP this week. The report arrives at a pivotal time in America: on the eve of a hotly contested presidential election where both candidates are aggressively prosecuting their…


Oct 13, 2020
On September 30, the federal government ended fiscal year 2020 with a budget deficit of $3.1 trillion. At an estimated 15.2 percent of gross domestic product (GDP), it was the largest deficit since 1945. On October 7, a fly nestled…


President Trump stunned politicos, investors, business groups, the media, and ordinary Americans alike earlier this week when, by executive tweet, he suddenly and unexpectedly withdrew from negotiations on a second major COVID relief package after weeks of shuttle diplomacy with…

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