#Federal Budget

After a lengthy delay, the Congressional Budget Office (CBO) finally published its much anticipated budget baseline.

Washington -  The Concord Coalition said today that the new Budget and Economic Outlook for Fiscal Years 2022-2032 released by the Congressional Budget Office (CBO) is evidence that the days of easy deficit reduction from fading COVID relief funding are over.

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 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…

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…

According to the White House, President Biden will unveil his FY 2023 budget on Monday, March 28. The proposal is expected to be a traditional budget, meaning it will include detailed supplemental information such as the economic projections that…