#Federal Budget

The Congressional Budget Office (CBO) estimates that under President Obama’s proposed budget for 2013 deficits would drop for a few years but then rise again, totaling $6.4 trillion over the coming decade. Federal debt held by domestic and foreign investors…

The House Budget Committee has begun considering a proposed budget that includes many elements of a plan that House Republicans approved last year but also some significant changes.The Concord Coalition commended Budget Committee Chairman Paul Ryan (R-Wis.), who released the…

Serious financial management problems in some departments and agencies continue to hinder efforts by auditors to assess the government’s books. That in turn hurts the government’s ability to measure the cost and performance of certain programs and to make necessary…

The Concord Coalition has launched a new website feature to provide its grassroots members around the country with the latest statistics on the federal budget and the (more…)

Administration officials defended the President’s budget at committee hearings last week that followed an all-too-familiar script: Democrats supported the budget, Republicans condemned it, and there appeared to be little room for bipartisan compromise in the near future. At House and…

In this year’s Economic Report of the President, the administration describes a recovery that is picking up speed. But President Obama and his economic advisers warn that more must be done both to help the recovery continue and, in the…

President Obama’s new budget calls for substantial tax reform, higher taxes on the wealthy, cuts in some programs and additional spending in others. The plan drew heavy criticism from Republicans and mixed reviews from The Concord Coalition and other non-partisan…

For the fourth time in four years, President Obama has tucked a little gem of a tax policy proposal into his budget: the proposal to limit the tax benefit of itemized deductions to 28 percent. It’s a great idea because…