#Federal Budget

President Obama has repeatedly expressed interest in reaching a broad, bipartisan agreement that could put the federal budget on a more responsible and sustainable path. With tonight’s State of the Union, he has the opportunity to lay solid groundwork for…

By David M. Walker Over the past 20 years The Concord Coalition has worked to build an impressive grassroots network. Given our nation’s poor financial condition and fiscal outlook, it is more important than ever to inspire action within that…

The Congressional Budget Office released its new Budget and Economic Outlook Tuesday, providing an array of statistics that show why elected officials must focus this year on structural reforms to put the federal budget on a more sustainable course.“Congress and…

WASHINGTON -- With Congress facing important budgetary deadlines in the next few weeks, The Concord Coalition said today that the new Budget and Economic Outlook by the Congressional Budget Office (CBO) underscores that much more needs to be done to…

The Treasury Department has released its annual assessment of the nation’s finances, projecting that deficits under current policy will cause the government’s debt-to-GDP ratio to double over the next 30 years and quadruple over the next 75.The 2012 Financial Report…

As policymakers look towards the upcoming budget debates over the debt ceiling and “automatic” spending cuts (the sequester), those concerned with fiscal responsibility should be more focused on policy reforms than achievement of a specific deficit-reduction target.The idea that we…

In his press conference this week, President Obama suggested that policymakers only need to pass another $1.5 trillion worth of deficit reduction, on top of the $2.5 trillion already enacted, to stabilize the growth of the nation’s debt and, in…

President Obama last week praised White House Chief of Staff Jack Lew, his nominee for Treasury secretary, as someone who has his “complete trust” and has “built a reputation as a master of policy who can work with members of…