#Federal Budget

WASHINGTON -- The Concord Coalition today urged Congress to reject the $15 billion emergency supplemental spending bill for fiscal year 1999 that was approved last week by a House-Senate conference committee. "Congress is using the emergency spending loophole to create…

WASHINGTON -- With the U.S. House of Representatives scheduled to vote later today on a supplemental emergency spending package for Kosovo, the Concord Coalition warned against using the Social Security surplus to fund non-emergency additions to the defense budget. (more…)

WASHINGTON -- The Concord Coalition today urged Congressional leaders to exclude the entire Social Security surplus from consideration in this year's budget deliberations. (more…)

WASHINGTON--Concord Coalition Policy Director Robert Bixby told the Military Personnel Subcommittee of the House Armed Services Committee that repealing the 1986 military pension reforms known as "Redux" would signal a dangerous breakdown in the political will to enforce prospective and…

WASHINGTON--Earlier today, the White House announced that there will be at least a $76 billion budget surplus for the 1999 fiscal year. The Concord Coalition, a nonpartisan group advocating fiscal discipline, today reminded the leadership of both parties that the…

WASHINGTON--It is now official: without counting the Social Security surplus, the federal government recorded a $29 billion budget deficit in 1998. The Concord Coalition, a bipartisan group advocating fiscal responsibility, today asserted that the claims of a budget surplus for…

WASHINGTON--Concord Coalition Co-Chairs Sam Nunn and Warren Rudman sent a letter to all members of Congress today urging the rejection of a provision in the omnibus spending bill that would substantially repeal the 1986 military pension reforms. (more…)

WASHINGTON--Despite claims the country is wiping away 30 years of red ink, the national debt continues to grow. While politicians of both parties take credit for a budget "surplus," the national debt has grown by over $110 billion ($110,639,535,002.46) so…