#Federal Budget

The Concord Coalition welcomes the Time to Rescue United States Trusts Act (Trust Act), co-sponsored by Mitt Romney (R-UT), Joe Manchin (D-WV), Todd Young (R-IN), Doug Jones (D-AL), and Kyrsten Sinema (D-AZ) in the Senate and Representatives Mike Gallagher (R-WI), Ed…

The federal budget deficit for Fiscal Year 2019 was $984 billion (4.7 percent of GDP), according to a preliminary estimate issued by the Congressional Budget Office (CBO) on Monday. This would be an increase of $205 billion over the 2018…

On August 22, 2019, The Concord Coalition partnered with 20/20 Vision to host “The Economy, the Budget and You,” a forum where candidates in the Democratic primary for President of the United States came together to present their roadmaps for…

In a follow-up to the new Congressional Budget Office (CBO) baseline projections, the CBO released a report last week analyzing the effect that select policy alternatives would have on budget deficits and federal debt. CBO also produced an “alternative scenario”…

The House and Senate have now passed a bipartisan budget deal. If signed by the president, as expected, the deal would lessen the chances of another government shutdown when the fiscal year ends on September 30th and suspend the debt…

WASHINGTON -- The Concord Coalition said today that the bipartisan budget deal announced by congressional leaders and the Trump Administration is fiscally irresponsible and flies in the face of warnings by the Congressional Budget Office (CBO) that the federal budget is…

We often talk in broad strokes about how “mandatory spending” -- spending that happens automatically based on eligibility criteria set into law by Congress -- is growing as a share of the budget and as a share of GDP in…

Demographic change and its effect on the economy and the budget was a main topic of discussion at the 10th Annual Peter G Peterson Foundation “Fiscal Summit” Tuesday in Washington. Policy experts discussed the importance of dealing with projected deficits…