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Unable to reach agreement on a better alternative, elected officials allowed the sequester’s arbitrary spending cuts to begin taking effect late last week. But even if these cuts remain in effect, the federal budget will still be on an unsustainable…


Back in August of 2011, with the nation’s debt bumping up against its statutory limit and an election year looming, President Obama and Congress made a deal. They would empower a special committee (the “super committee”) to reach a long-term…


Alice Rivlin, a member of two prominent fiscal commissions, called for renewed bipartisan cooperation on comprehensive budget reform in the most recent in a series of forums around the country co-sponsored by The Concord Coalition and the Campaign to Fix…


Unless Congress and President Obama reach agreement before Friday, about $85 billion in poorly designed spending cuts for Fiscal Year 2013 will begin hitting a broad cross-section of programs across the federal government. The Concord Coalition supports replacing these automatic…


“Our government shouldn’t make promises we cannot keep,” President Obama said in his State of the Union Address, “but we must keep the promises we’ve already made.”While that was a good applause line, Concord Coalition Executive Director Robert L. Bixby…


In his State of the Union Address President Obama declared: “Our government shouldn’t make promises we cannot keep, but we must keep the promises we’ve already made.” It was good applause line, but it glossed over a key point: The…


Although recent projections from the Congressional Budget Office offer some encouraging news in some areas, they also show why comprehensive fiscal reforms are badly needed.On the positive side, the CBO expects the annual deficit to drop below $1 trillion for…


Erskine Bowles and Alan Simpson, who co-chaired the National Commission on Fiscal Responsibility and Reform, proposed a new fiscal framework Tuesday that would put the nation’s finances on a sound and responsible path.“It is time to replace crisis-management budgeting with…


With the automatic spending cuts required by the Budget Control Act (BCA) scheduled to begin taking effect next week, both parties have continued to make partisan speeches while making no apparent progress on a potential compromise. The BCA required total…


WASHINGTON -- The Concord Coalition today offered its strong support for the new fiscal framework proposed by Erskine Bowles and Alan Simpson to put the nation’s unsustainable finances on a sound, responsible path. (more…)


The next three months will be critical in terms of addressing the nation’s mounting fiscal challenges, according to Dave M. Walker, founder and CEO of the Comeback America Initiative and former U.S. comptroller general.“There are many fiscal issues that need…


David M. Cote, chairman and CEO of Honeywell, warned at a New Hampshire forum on the federal debt Monday that the nation’s current fiscal policies would harm future generations of Americans.“All we’re doing is setting up this big debt problem…

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