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Last Friday, Treasury Secretary Timothy Geithner sent a letter to Congress requesting an increase in the statutory debt limit. In the letter, Geithner noted:"It is critically important that Congress act before the limit is reached so that citizens and investors…


The Congressional Budget Office once again validates some intuition many of us had about health care reform: when you have health costs rising much faster than the economy is growing, a package that expands coverage but is unwilling to tax…


While the President's press conference Wednesday night got a lot of attention and focused substantially on health care, he also did an interview with Washington Post editorial page editor Fred Hiatt earlier in the day. (more…)


In today’s Washington Post, Harold Meyerson complains that the centrist “Blue Dog” Democrats have a “can’t do” attitude when it comes to health care reform: (more…)


It has almost become axiomatic that growing health care costs, rather than population aging, is the overwhelming cause of a projected spike in federal spending. That notion was dispelled in CBO’s Long-Term Budget Outlook published last week. As explained in…


After reading this post, hopefully all of our loyal readers will finally understand the simplicity and beauty of the Pay-As-You-Go (PAYGO) concept. (more…)


On June 15 and June 16, The Concord Coalition and the Youth Entitlements Summit (YES) hosted a two-day conference in Washington, D.C with support from The Peter G. Peterson Foundation. The conference brought together youth leaders and organizations and created…


Today, President Obama held a press conference with Congressional leaders to announce his support for enactment of a statutory pay-as-you-go (PAYGO) budgeting rule. (more…)


The Concord Coalition today reiterated its support for enacting statutory pay-as-you-go (PAYGO) rules, particularly in light of proposals to expand the federal government’s health care commitments. Concord warned, however, that the Obama Administration’s PAYGO proposal would exempt $3.5 trillion of…


I looked at the Treasury Department’s “green book” on the Administration’s revenue proposals only a few days ago, curious to see how the Bush (soon-to-be Obama) tax cuts would be described, considering that they comprise the single most costly policy…


Both Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner have been vocal this week regarding the need to rein in our growing federal budget deficits as the economy begins to recover and work to confront the structural fiscal…


In Nobel-prize winning economist and New York Times columnist Paul Krugman's column Monday, he makes an interesting point about California's budget woes that supports much of what The Concord Coalition's message has been for the last three years traveling the…

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