This week the nonpartisan Congressional Budget Office (CBO) published its final monthly budget review for FY 2021. While the Treasury Department will publish the official numbers in its next Monthly Report, CBO’s end-of-year report provides an accurate preview of…
Earlier this week, Treasury Secretary Janet Yellen sent her fourth letter to Congress, urging lawmakers “to protect the full faith and credit of the United States by acting [on the debt limit] as soon as possible.” This time, she…
The United States Armed Forces uses an alert system called the “defense readiness condition” (DEFCON) to describe different levels of readiness, or states of alert, for military personnel. It increases in severity from DEFCON 5 (least severe) to DEFCON…
WASHINGTON - The Concord Coalition said today that the Senate should not vote on final passage of the bipartisan infrastructure bill until it has found a way to close the $256 billion of deficits between 2021 and 2031 that the…