Congressional procrastination could lead to chaotic decision-making on the federal budget after the November elections, but many economists believe this procrastination is already harming the economy. The damage stems from widespread uncertainty over what elected officials will do, if anything,…
Before leaving for the August recess, Speaker of the House John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) announced an agreement on a six-month continuing resolution (CR) to fund the government through March at a level consistent with…
Today Concord Coalition Co-Chair Sam Nunn, a former U.S. senator from Georgia, helped launch the Campaign to Fix the Debt. This project is a non-partisan initiative to put America on a better fiscal and economic path. Nunn is a member…
In a Senate Finance Committee hearing last week, the co-chairs of a Bipartisan Policy Center panel discussed proposals to stabilize and eventually reduce the size of the debt compared to the economy.The testimony came from Pete Domenici, a former Republican…